Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$117,839,678
Other Assets
83%
Investments
10%
Cash & Equivalents
6%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$35,576,897
Notes Payable / Debt (Non-Related)
69%
Deferred Revenue
27%
Payables & Accruals
2%
Other Liabilities
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,816,433
$6,954,021
+82%
Receivables (Non-Related)
$735,516
$847,263
+15%
Related-Party Receivables
-
-
-
Inventories
$64,021
$66,341
+4%
Prepaid Expenses
$312,346
$267,348
-14%
Investments
$10,036,084
$11,394,898
+14%
Property, Plant, & Equipment (net)
$492,439
$857,021
+74%
Other Assets
$97,559,664
$97,452,786
0%
Total Assets
$113,016,503
$117,839,678
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$703,072
$719,473
+2%
Grants Payable
-
-
-
Deferred Revenue
$9,404,004
$9,639,850
+3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$24,920,090
$24,625,294
-1%
Related-Party Payables
-
-
-
Other Liabilities
$117,288
$592,280
+405%
Total Liabilities
$35,144,454
$35,576,897
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$94,080,278
$94,673,543
+1%
Unrestricted Net Assets
-$16,208,229
-$12,410,762
+23%
Net assets
2023
2024
Change
Net assets
+$77,872,049
+$82,262,781
+6%