Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,938,400
Property, Plant, & Equipment (net)
52%
Cash & Equivalents
26%
Investments
15%
Receivables (Non-Related)
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$701,853
Deferred Revenue
90%
Payables & Accruals
10%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,881,845
$1,837,366
-2%
Receivables (Non-Related)
$553,631
$409,854
-26%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$35,445
$10,615
-70%
Investments
$506,140
$1,055,411
+109%
Property, Plant, & Equipment (net)
$3,678,216
$3,625,154
-1%
Other Assets
$0
-
-
Total Assets
$6,655,277
$6,938,400
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$84,799
$68,660
-19%
Grants Payable
-
-
-
Deferred Revenue
$849,294
$633,193
-25%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$934,093
$701,853
-25%
Net assets
2023
2024
Change
Restricted Net Assets
$115,573
$177,138
+53%
Unrestricted Net Assets
$5,605,611
$6,059,409
+8%
Net assets
2023
2024
Change
Net assets
+$5,721,184
+$6,236,547
+9%