Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$203,213,833
Cash & Equivalents
69%
Prepaid Expenses
15%
Receivables (Non-Related)
9%
Investments
4%
Other Assets
2%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$171,153,517
Deferred Revenue
91%
Grants Payable
3%
Other Liabilities
3%
Payables & Accruals
3%
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
$122,634,536
$140,092,064
+14%
Receivables (Non-Related)
$29,855,368
$18,797,992
-37%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$11,280,011
$30,740,368
+173%
Investments
$10,287,409
$8,553,774
-17%
Property, Plant, & Equipment (net)
$1,763,761
$1,355,837
-23%
Other Assets
$3,801,819
$3,673,798
-3%
Total Assets
$179,622,904
$203,213,833
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$10,563,999
$4,835,185
-54%
Grants Payable
$16,756,318
$5,839,000
-65%
Deferred Revenue
$108,980,466
$155,144,001
+42%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$6,474,711
$5,335,331
-18%
Total Liabilities
$142,775,494
$171,153,517
+20%
Net assets
2023
2024
Change
Restricted Net Assets
$28,338,927
$16,042,610
-43%
Unrestricted Net Assets
$8,508,483
$16,017,706
+88%
Net assets
2023
2024
Change
Net assets
+$36,847,410
+$32,060,316
-13%