Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$16,060,187
Investments
52%
Other Assets
24%
Property, Plant, & Equipment (net)
11%
Prepaid Expenses
6%
Cash & Equivalents
5%
Receivables (Non-Related)
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$6,485,436
Deferred Revenue
75%
Other Liabilities
19%
Payables & Accruals
6%
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
$1,406,164
$747,948
-47%
Receivables (Non-Related)
$106,212
$336,412
+217%
Related-Party Receivables
-
-
-
Inventories
$0
$0
-
Prepaid Expenses
$1,149,402
$942,974
-18%
Investments
$9,179,250
$8,384,148
-9%
Property, Plant, & Equipment (net)
$1,026,200
$1,745,915
+70%
Other Assets
$3,005,123
$3,902,790
+30%
Total Assets
$15,872,351
$16,060,187
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$352,007
$385,463
+10%
Grants Payable
-
-
-
Deferred Revenue
$4,446,007
$4,837,522
+9%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,423,679
$1,262,451
-11%
Total Liabilities
$6,221,693
$6,485,436
+4%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$9,650,658
$9,574,751
-1%
Net assets
2023
2024
Change
Net assets
+$9,650,658
+$9,574,751
-1%