Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$49,266,644
Property, Plant, & Equipment (net)
55%
Investments
35%
Cash & Equivalents
9%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$489,993
Payables & Accruals
54%
Deferred Revenue
46%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,448,911
$4,639,131
+35%
Receivables (Non-Related)
$931,021
$551,996
-41%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$63,002
$42,017
-33%
Investments
$14,658,379
$17,037,260
+16%
Property, Plant, & Equipment (net)
$26,771,431
$26,996,240
+1%
Other Assets
-
-
-
Total Assets
$45,872,744
$49,266,644
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$248,776
$263,493
+6%
Grants Payable
-
-
-
Deferred Revenue
$128,193
$226,500
+77%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$376,969
$489,993
+30%
Net assets
2023
2024
Change
Restricted Net Assets
$1,924,408
$1,579,199
-18%
Unrestricted Net Assets
$43,571,367
$47,197,452
+8%
Net assets
2023
2024
Change
Net assets
+$45,495,775
+$48,776,651
+7%