Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$25,039,878
Cash & Equivalents
49%
Investments
37%
Property, Plant, & Equipment (net)
6%
Other Assets
5%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$6,341,356
Deferred Revenue
66%
Other Liabilities
25%
Payables & Accruals
9%
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
$10,611,764
$12,310,452
+16%
Receivables (Non-Related)
$372,230
$369,989
-1%
Related-Party Receivables
-
-
-
Inventories
$26,672
$23,820
-11%
Prepaid Expenses
$234,648
$246,986
+5%
Investments
$8,205,805
$9,379,902
+14%
Property, Plant, & Equipment (net)
$1,392,056
$1,514,247
+9%
Other Assets
$1,027,444
$1,194,482
+16%
Total Assets
$21,870,619
$25,039,878
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$574,797
$559,922
-3%
Grants Payable
-
-
-
Deferred Revenue
$4,135,006
$4,183,894
+1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,525,717
$1,597,540
+5%
Total Liabilities
$6,235,520
$6,341,356
+2%
Net assets
2023
2024
Change
Restricted Net Assets
-
$75,000
-
Unrestricted Net Assets
$15,635,099
$18,623,522
+19%
Net assets
2023
2024
Change
Net assets
+$15,635,099
+$18,698,522
+20%