Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$40,003,511
Investments
64%
Cash & Equivalents
18%
Other Assets
10%
Receivables (Non-Related)
5%
Prepaid Expenses
2%
Property, Plant, & Equipment (net)
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$9,351,130
Other Liabilities
53%
Deferred Revenue
37%
Payables & Accruals
9%
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
$3,426,494
$7,159,315
+109%
Receivables (Non-Related)
$1,647,190
$2,035,170
+24%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$723,679
$695,393
-4%
Investments
$24,022,794
$25,517,200
+6%
Property, Plant, & Equipment (net)
$536,124
$683,096
+27%
Other Assets
$5,428,090
$3,913,337
-28%
Total Assets
$35,784,371
$40,003,511
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$1,183,963
$880,909
-26%
Grants Payable
-
-
-
Deferred Revenue
$2,002,492
$3,468,847
+73%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$5,925,568
$5,001,374
-16%
Total Liabilities
$9,112,023
$9,351,130
+3%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$26,672,348
$30,652,381
+15%
Net assets
2023
2024
Change
Net assets
+$26,672,348
+$30,652,381
+15%