Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$42,329,355
Investments
75%
Cash & Equivalents
11%
Receivables (Non-Related)
6%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
3%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$10,582,967
Deferred Revenue
62%
Payables & Accruals
35%
Other Liabilities
3%
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
$3,252,478
$4,640,299
+43%
Receivables (Non-Related)
$2,375,411
$2,332,463
-2%
Related-Party Receivables
-
-
-
Inventories
$362,535
$384,474
+6%
Prepaid Expenses
$1,199,060
$1,155,213
-4%
Investments
$32,538,952
$31,761,724
-2%
Property, Plant, & Equipment (net)
$6,820,319
$1,689,046
-75%
Other Assets
$582,938
$366,136
-37%
Total Assets
$47,131,693
$42,329,355
-10%
Liabilities
2023
2024
Change
Payables & Accruals
$3,214,743
$3,666,592
+14%
Grants Payable
-
-
-
Deferred Revenue
$6,269,292
$6,556,319
+5%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$614,627
$360,056
-41%
Total Liabilities
$10,098,662
$10,582,967
+5%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$37,033,031
$31,746,388
-14%
Net assets
2023
2024
Change
Net assets
+$37,033,031
+$31,746,388
-14%