Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$106,833,334
Investments
93%
Property, Plant, & Equipment (net)
4%
Cash & Equivalents
3%
Prepaid Expenses
<1%
Other Assets
<1%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$9,999,178
Deferred Revenue
77%
Payables & Accruals
23%
Other Liabilities
<1%
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
$2,847,835
$2,683,463
-6%
Receivables (Non-Related)
$786,347
$107,866
-86%
Related-Party Receivables
-
-
-
Inventories
$105,587
$102,396
-3%
Prepaid Expenses
$419,508
$268,836
-36%
Investments
$91,395,923
$98,974,312
+8%
Property, Plant, & Equipment (net)
$4,828,839
$4,560,280
-6%
Other Assets
$63,075
$136,181
+116%
Total Assets
$100,447,114
$106,833,334
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$1,922,915
$2,260,179
+18%
Grants Payable
-
-
-
Deferred Revenue
$8,192,510
$7,706,079
-6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$127,409
$32,920
-74%
Total Liabilities
$10,242,834
$9,999,178
-2%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$90,204,280
$96,834,156
+7%
Net assets
2023
2024
Change
Net assets
+$90,204,280
+$96,834,156
+7%