Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$295,166,746
Investments
63%
Receivables (Non-Related)
27%
Cash & Equivalents
10%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$249,226,824
Grants Payable
>99%
Payables & Accruals
<1%
Other Liabilities
<1%
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
$15,241,957
$28,511,336
+87%
Receivables (Non-Related)
$180,492,044
$79,808,042
-56%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$56,602
$46,574
-18%
Investments
$179,380,903
$186,537,464
+4%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$476,073
$263,330
-45%
Total Assets
$375,647,579
$295,166,746
-21%
Liabilities
2023
2024
Change
Payables & Accruals
$880,013
$1,038,207
+18%
Grants Payable
$226,109,670
$247,726,021
+10%
Deferred Revenue
$57,000
$0
-100%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$701,378
$462,596
-34%
Total Liabilities
$227,748,061
$249,226,824
+9%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$147,899,518
$45,939,922
-69%
Net assets
2023
2024
Change
Net assets
+$147,899,518
+$45,939,922
-69%