Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$27,938,589
Cash & Equivalents
75%
Receivables (Non-Related)
19%
Other Assets
3%
Prepaid Expenses
1%
Investments
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$8,707,079
Deferred Revenue
62%
Payables & Accruals
27%
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
$22,790,980
$21,033,886
-8%
Receivables (Non-Related)
$6,335,665
$5,317,897
-16%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$349,652
$358,964
+3%
Investments
$339,759
$339,759
+0%
Property, Plant, & Equipment (net)
$73,665
$71,706
-3%
Other Assets
$766,735
$816,377
+6%
Total Assets
$30,656,456
$27,938,589
-9%
Liabilities
2023
2024
Change
Payables & Accruals
$2,315,361
$2,317,518
+0%
Grants Payable
-
-
-
Deferred Revenue
$6,037,658
$5,403,653
-11%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$985,908
-
Total Liabilities
$8,353,019
$8,707,079
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$1,073,242
$558,086
-48%
Unrestricted Net Assets
$21,230,195
$18,673,424
-12%
Net assets
2023
2024
Change
Net assets
+$22,303,437
+$19,231,510
-14%