Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$23,317,467
Investments
74%
Cash & Equivalents
14%
Property, Plant, & Equipment (net)
8%
Prepaid Expenses
3%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$5,389,630
Deferred Revenue
81%
Payables & Accruals
16%
Other Liabilities
3%
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
$3,365,665
$3,247,626
-4%
Receivables (Non-Related)
$94,048
$147,635
+57%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$834,091
$686,362
-18%
Investments
$17,138,466
$17,317,548
+1%
Property, Plant, & Equipment (net)
$2,410,297
$1,918,296
-20%
Other Assets
$927,810
$0
-100%
Total Assets
$24,770,377
$23,317,467
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$1,880,678
$857,823
-54%
Grants Payable
-
-
-
Deferred Revenue
$4,433,384
$4,366,331
-2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$584,671
$165,476
-72%
Total Liabilities
$6,898,733
$5,389,630
-22%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$17,871,644
$17,927,837
+0%
Net assets
2023
2024
Change
Net assets
+$17,871,644
+$17,927,837
+0%