Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$58,444,166
Property, Plant, & Equipment (net)
51%
Cash & Equivalents
25%
Investments
15%
Receivables (Non-Related)
8%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,400,180
Payables & Accruals
69%
Deferred Revenue
29%
Other Liabilities
2%
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
$16,988,832
$14,523,911
-15%
Receivables (Non-Related)
$3,955,320
$4,920,078
+24%
Related-Party Receivables
-
-
-
Inventories
$180,222
$199,128
+10%
Prepaid Expenses
$97,883
$157,519
+61%
Investments
$7,289,801
$8,668,389
+19%
Property, Plant, & Equipment (net)
$17,153,024
$29,975,141
+75%
Other Assets
-
-
-
Total Assets
$45,665,082
$58,444,166
+28%
Liabilities
2023
2024
Change
Payables & Accruals
$628,699
$969,850
+54%
Grants Payable
-
-
-
Deferred Revenue
$316,268
$403,242
+28%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$37,451
$27,088
-28%
Total Liabilities
$982,418
$1,400,180
+43%
Net assets
2023
2024
Change
Restricted Net Assets
$21,646,850
$21,315,969
-2%
Unrestricted Net Assets
$23,035,814
$35,728,017
+55%
Net assets
2023
2024
Change
Net assets
+$44,682,664
+$57,043,986
+28%