Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,869,648
Investments
50%
Property, Plant, & Equipment (net)
22%
Cash & Equivalents
17%
Prepaid Expenses
5%
Other Assets
4%
Receivables (Non-Related)
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,948,993
Deferred Revenue
80%
Payables & Accruals
14%
Other Liabilities
6%
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
$811,256
$1,187,512
+46%
Receivables (Non-Related)
$177,518
$132,657
-25%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$125,483
$317,543
+153%
Investments
$3,070,251
$3,442,831
+12%
Property, Plant, & Equipment (net)
$1,459,208
$1,505,738
+3%
Other Assets
$368,363
$283,367
-23%
Total Assets
$6,012,079
$6,869,648
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$285,556
$264,466
-7%
Grants Payable
-
-
-
Deferred Revenue
$1,272,798
$1,568,301
+23%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$79,066
$116,226
+47%
Total Liabilities
$1,637,420
$1,948,993
+19%
Net assets
2023
2024
Change
Restricted Net Assets
$0
-
-
Unrestricted Net Assets
$4,374,659
$4,920,655
+12%
Net assets
2023
2024
Change
Net assets
+$4,374,659
+$4,920,655
+12%