Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$22,943,197
Investments
78%
Receivables (Non-Related)
9%
Property, Plant, & Equipment (net)
4%
Cash & Equivalents
4%
Other Assets
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$8,577,038
Deferred Revenue
79%
Other Liabilities
11%
Payables & Accruals
11%
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
$1,455,704
$983,066
-32%
Receivables (Non-Related)
$1,734,149
$2,099,766
+21%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$158,636
$160,557
+1%
Investments
$17,736,833
$17,991,779
+1%
Property, Plant, & Equipment (net)
$409,995
$1,017,134
+148%
Other Assets
$3,152,801
$690,895
-78%
Total Assets
$24,648,118
$22,943,197
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$812,525
$901,455
+11%
Grants Payable
-
-
-
Deferred Revenue
$5,343,461
$6,740,931
+26%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$4,103,046
$934,652
-77%
Total Liabilities
$10,259,032
$8,577,038
-16%
Net assets
2023
2024
Change
Restricted Net Assets
$2,825,073
$2,588,660
-8%
Unrestricted Net Assets
$11,564,013
$11,777,499
+2%
Net assets
2023
2024
Change
Net assets
+$14,389,086
+$14,366,159
0%