Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$63,533,261
Investments
55%
Cash & Equivalents
42%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$45,169,788
Notes Payable / Debt (Non-Related)
54%
Deferred Revenue
42%
Other Liabilities
3%
Payables & Accruals
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$12,335,294
$26,577,933
+115%
Receivables (Non-Related)
$1,741,354
$1,710,137
-2%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$172,045
$181,926
+6%
Investments
$28,400,561
$34,930,221
+23%
Property, Plant, & Equipment (net)
$187,699
$78,284
-58%
Other Assets
$141,069
$54,760
-61%
Total Assets
$42,978,022
$63,533,261
+48%
Liabilities
2023
2024
Change
Payables & Accruals
$549,712
$606,188
+10%
Grants Payable
-
-
-
Deferred Revenue
$2,523,304
$18,831,500
+646%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$26,497,333
$24,593,083
-7%
Related-Party Payables
-
-
-
Other Liabilities
$1,826,850
$1,139,017
-38%
Total Liabilities
$31,397,199
$45,169,788
+44%
Net assets
2023
2024
Change
Restricted Net Assets
$3,302,174
$847,081
-74%
Unrestricted Net Assets
$8,278,649
$17,516,392
+112%
Net assets
2023
2024
Change
Net assets
+$11,580,823
+$18,363,473
+59%