Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$27,624,110
Cash & Equivalents
49%
Property, Plant, & Equipment (net)
19%
Investments
15%
Receivables (Non-Related)
13%
Other Assets
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$10,548,785
Deferred Revenue
72%
Notes Payable / Debt (Non-Related)
21%
Payables & Accruals
5%
Other Liabilities
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$12,501,693
$13,434,185
+7%
Receivables (Non-Related)
$4,085,273
$3,654,301
-11%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$78,466
$79,877
+2%
Investments
$3,618,901
$4,263,455
+18%
Property, Plant, & Equipment (net)
$4,881,556
$5,257,153
+8%
Other Assets
$1,049,325
$935,139
-11%
Total Assets
$26,215,214
$27,624,110
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$232,055
$537,253
+132%
Grants Payable
-
-
-
Deferred Revenue
$8,196,249
$7,551,108
-8%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,305,130
$2,204,172
-4%
Related-Party Payables
-
-
-
Other Liabilities
$425,000
$256,252
-40%
Total Liabilities
$11,158,434
$10,548,785
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$5,553,810
$6,361,041
+15%
Unrestricted Net Assets
$9,502,970
$10,714,284
+13%
Net assets
2023
2024
Change
Net assets
+$15,056,780
+$17,075,325
+13%