Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$53,382,842
Cash & Equivalents
48%
Receivables (Non-Related)
39%
Property, Plant, & Equipment (net)
10%
Other Assets
2%
Prepaid Expenses
<1%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$5,852,126
Payables & Accruals
94%
Other Liabilities
6%
Grants Payable
0%
Deferred Revenue
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
$22,401,724
$25,381,103
+13%
Receivables (Non-Related)
$14,997,697
$20,926,795
+40%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$730,076
$471,982
-35%
Investments
$20,787
$23,336
+12%
Property, Plant, & Equipment (net)
$2,657,247
$5,454,166
+105%
Other Assets
$1,296,852
$1,125,460
-13%
Total Assets
$42,104,383
$53,382,842
+27%
Liabilities
2023
2024
Change
Payables & Accruals
$4,638,591
$5,510,562
+19%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$405,979
$341,564
-16%
Total Liabilities
$5,044,570
$5,852,126
+16%
Net assets
2023
2024
Change
Restricted Net Assets
$3,025,182
$17,973
-99%
Unrestricted Net Assets
$34,034,631
$47,512,743
+40%
Net assets
2023
2024
Change
Net assets
+$37,059,813
+$47,530,716
+28%