Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,847,507
Investments
70%
Cash & Equivalents
12%
Other Assets
9%
Prepaid Expenses
3%
Inventories
3%
Receivables (Non-Related)
3%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$4,037,739
Notes Payable / Debt (Non-Related)
46%
Other Liabilities
28%
Payables & Accruals
14%
Deferred Revenue
12%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$724,955
$801,815
+11%
Receivables (Non-Related)
$204,877
$178,003
-13%
Related-Party Receivables
-
-
-
Inventories
$252,239
$216,082
-14%
Prepaid Expenses
$179,273
$232,045
+29%
Investments
$5,639,068
$4,771,488
-15%
Property, Plant, & Equipment (net)
$12,028
$11,594
-4%
Other Assets
$694,478
$636,480
-8%
Total Assets
$7,706,918
$6,847,507
-11%
Liabilities
2023
2024
Change
Payables & Accruals
$801,436
$570,880
-29%
Grants Payable
-
-
-
Deferred Revenue
$412,149
$487,266
+18%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,497,000
$1,847,000
+23%
Related-Party Payables
-
-
-
Other Liabilities
$1,651,926
$1,132,593
-31%
Total Liabilities
$4,362,511
$4,037,739
-7%
Net assets
2023
2024
Change
Restricted Net Assets
$755,928
$777,707
+3%
Unrestricted Net Assets
$2,588,479
$2,032,061
-21%
Net assets
2023
2024
Change
Net assets
+$3,344,407
+$2,809,768
-16%