Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$57,947,387
Investments
91%
Receivables (Non-Related)
4%
Other Assets
2%
Cash & Equivalents
1%
Prepaid Expenses
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$4,976,026
Deferred Revenue
68%
Other Liabilities
20%
Payables & Accruals
12%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,532,602
$794,141
-48%
Receivables (Non-Related)
$2,388,750
$2,413,172
+1%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$765,283
$744,116
-3%
Investments
$48,423,824
$52,985,597
+9%
Property, Plant, & Equipment (net)
$28,342
$18,965
-33%
Other Assets
$1,282,318
$991,396
-23%
Total Assets
$54,421,119
$57,947,387
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$769,410
$611,647
-21%
Grants Payable
-
-
-
Deferred Revenue
$3,881,374
$3,367,452
-13%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,285,123
$996,927
-22%
Total Liabilities
$5,935,907
$4,976,026
-16%
Net assets
2023
2024
Change
Restricted Net Assets
$452,722
$358,776
-21%
Unrestricted Net Assets
$48,032,490
$52,612,585
+10%
Net assets
2023
2024
Change
Net assets
+$48,485,212
+$52,971,361
+9%