Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$35,817,166
Investments
57%
Cash & Equivalents
22%
Property, Plant, & Equipment (net)
10%
Other Assets
9%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$13,922,032
Deferred Revenue
43%
Other Liabilities
37%
Payables & Accruals
20%
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
$6,737,310
$7,723,666
+15%
Receivables (Non-Related)
$82,365
$68,838
-16%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$298,365
$367,001
+23%
Investments
$19,303,274
$20,558,027
+7%
Property, Plant, & Equipment (net)
$4,146,491
$3,709,047
-11%
Other Assets
$3,681,665
$3,390,587
-8%
Total Assets
$34,249,470
$35,817,166
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$1,996,917
$2,763,617
+38%
Grants Payable
-
-
-
Deferred Revenue
$5,330,853
$6,004,625
+13%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$5,432,954
$5,153,790
-5%
Total Liabilities
$12,760,724
$13,922,032
+9%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$21,488,746
$21,895,134
+2%
Net assets
2023
2024
Change
Net assets
+$21,488,746
+$21,895,134
+2%