Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$24,495,907
Investments
52%
Other Assets
33%
Property, Plant, & Equipment (net)
9%
Receivables (Non-Related)
3%
Cash & Equivalents
3%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$4,697,980
Deferred Revenue
64%
Notes Payable / Debt (Non-Related)
23%
Payables & Accruals
13%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$382,907
$615,266
+61%
Receivables (Non-Related)
$713,396
$711,920
0%
Related-Party Receivables
-
-
-
Inventories
$56,684
$62,051
+9%
Prepaid Expenses
$40,554
$36,564
-10%
Investments
$11,732,997
$12,829,869
+9%
Property, Plant, & Equipment (net)
$2,135,587
$2,181,918
+2%
Other Assets
$7,238,509
$8,058,319
+11%
Total Assets
$22,300,634
$24,495,907
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$937,203
$614,079
-34%
Grants Payable
-
-
-
Deferred Revenue
$2,663,903
$3,013,824
+13%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$1,070,077
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,601,106
$4,697,980
+30%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$18,699,528
$19,797,927
+6%
Net assets
2023
2024
Change
Net assets
+$18,699,528
+$19,797,927
+6%