Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$18,951,055
Receivables (Non-Related)
46%
Investments
34%
Cash & Equivalents
13%
Prepaid Expenses
3%
Property, Plant, & Equipment (net)
3%
Related-Party Receivables
<1%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,056,413
Deferred Revenue
71%
Payables & Accruals
29%
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
$900,049
$2,399,521
+167%
Receivables (Non-Related)
$5,506,874
$8,801,057
+60%
Related-Party Receivables
$130,000
$120,000
-8%
Inventories
$18,556
-
-
Prepaid Expenses
$490,753
$649,868
+32%
Investments
$3,814,170
$6,419,518
+68%
Property, Plant, & Equipment (net)
$923,079
$561,091
-39%
Other Assets
$1,390,246
$0
-100%
Total Assets
$13,173,727
$18,951,055
+44%
Liabilities
2023
2024
Change
Payables & Accruals
$561,898
$879,008
+56%
Grants Payable
-
-
-
Deferred Revenue
$2,696,332
$2,177,405
-19%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$3,258,230
$3,056,413
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$4,746,506
$9,379,148
+98%
Unrestricted Net Assets
$5,168,991
$6,515,494
+26%
Net assets
2023
2024
Change
Net assets
+$9,915,497
+$15,894,642
+60%