Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$51,874,004
Investments
86%
Property, Plant, & Equipment (net)
9%
Cash & Equivalents
4%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$4,598,066
Deferred Revenue
47%
Payables & Accruals
42%
Other Liabilities
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
$3,157,928
$1,859,070
-41%
Receivables (Non-Related)
$268,575
$367,212
+37%
Related-Party Receivables
$0
$0
-
Inventories
$0
-
-
Prepaid Expenses
$561,745
$765,937
+36%
Investments
$39,477,183
$44,435,388
+13%
Property, Plant, & Equipment (net)
$5,142,845
$4,446,397
-14%
Other Assets
$2,238
$0
-100%
Total Assets
$48,610,514
$51,874,004
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$1,697,855
$1,933,731
+14%
Grants Payable
$0
-
-
Deferred Revenue
$2,026,627
$2,141,576
+6%
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$0
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
$0
$0
-
Other Liabilities
$373,137
$522,759
+40%
Total Liabilities
$4,097,619
$4,598,066
+12%
Net assets
2023
2024
Change
Restricted Net Assets
$0
-
-
Unrestricted Net Assets
$44,512,895
$47,275,938
+6%
Net assets
2023
2024
Change
Net assets
+$44,512,895
+$47,275,938
+6%