Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$49,784,129
Investments
52%
Cash & Equivalents
30%
Other Assets
11%
Property, Plant, & Equipment (net)
3%
Receivables (Non-Related)
2%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$17,700,027
Deferred Revenue
59%
Other Liabilities
28%
Payables & Accruals
13%
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
$10,715,997
$14,800,132
+38%
Receivables (Non-Related)
$1,083,206
$1,107,150
+2%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$950,452
$949,195
0%
Investments
$25,867,958
$25,963,842
+0%
Property, Plant, & Equipment (net)
$1,793,859
$1,732,743
-3%
Other Assets
$5,877,955
$5,231,067
-11%
Total Assets
$46,289,427
$49,784,129
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$1,966,030
$2,232,059
+14%
Grants Payable
-
-
-
Deferred Revenue
$9,843,347
$10,498,975
+7%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$5,784,878
$4,968,993
-14%
Total Liabilities
$17,594,255
$17,700,027
+1%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$28,695,172
$32,084,102
+12%
Net assets
2023
2024
Change
Net assets
+$28,695,172
+$32,084,102
+12%