Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$15,509,947
Investments
72%
Cash & Equivalents
21%
Prepaid Expenses
2%
Receivables (Non-Related)
2%
Inventories
1%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$2,301,361
Deferred Revenue
84%
Payables & Accruals
16%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,825,048
$3,319,870
+18%
Receivables (Non-Related)
$407,478
$321,036
-21%
Related-Party Receivables
-
-
-
Inventories
$64,068
$205,531
+221%
Prepaid Expenses
$305,818
$340,406
+11%
Investments
$9,781,628
$11,138,926
+14%
Property, Plant, & Equipment (net)
$3,969,899
$106,277
-97%
Other Assets
$77,901
$77,901
+0%
Total Assets
$17,431,840
$15,509,947
-11%
Liabilities
2023
2024
Change
Payables & Accruals
$443,702
$372,638
-16%
Grants Payable
-
-
-
Deferred Revenue
$2,143,776
$1,928,723
-10%
Tax-Exempt Bond Liabilities
$3,195,194
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$5,782,672
$2,301,361
-60%
Net assets
2023
2024
Change
Restricted Net Assets
$3,469,757
$3,933,121
+13%
Unrestricted Net Assets
$8,179,411
$9,275,465
+13%
Net assets
2023
2024
Change
Net assets
+$11,649,168
+$13,208,586
+13%