Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$46,394,734
Cash & Equivalents
42%
Receivables (Non-Related)
31%
Property, Plant, & Equipment (net)
20%
Other Assets
5%
Investments
2%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$30,588,396
Payables & Accruals
54%
Notes Payable / Debt (Non-Related)
27%
Deferred Revenue
19%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$12,512,081
$19,562,830
+56%
Receivables (Non-Related)
$10,273,532
$14,316,966
+39%
Related-Party Receivables
-
-
-
Inventories
$10,286
$10,286
+0%
Prepaid Expenses
$124,760
$272,627
+119%
Investments
$1,000,000
$1,000,000
+0%
Property, Plant, & Equipment (net)
$9,865,509
$9,102,205
-8%
Other Assets
$2,123,414
$2,129,820
+0%
Total Assets
$35,909,582
$46,394,734
+29%
Liabilities
2023
2024
Change
Payables & Accruals
$8,857,877
$16,623,833
+88%
Grants Payable
-
-
-
Deferred Revenue
$5,872,003
$5,793,990
-1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$9,072,434
$8,170,573
-10%
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$23,802,314
$30,588,396
+29%
Net assets
2023
2024
Change
Restricted Net Assets
$29,094
$35,021
+20%
Unrestricted Net Assets
$12,078,174
$15,771,317
+31%
Net assets
2023
2024
Change
Net assets
+$12,107,268
+$15,806,338
+31%