Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$56,943,066
Receivables (Non-Related)
57%
Investments
34%
Cash & Equivalents
4%
Other Assets
3%
Property, Plant, & Equipment (net)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$41,742,252
Payables & Accruals
62%
Notes Payable / Debt (Non-Related)
21%
Deferred Revenue
13%
Other Liabilities
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,672,750
$2,179,509
-75%
Receivables (Non-Related)
$21,131,330
$32,232,810
+53%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$251,289
$486,707
+94%
Investments
$17,699,351
$19,433,267
+10%
Property, Plant, & Equipment (net)
$1,110,026
$1,036,481
-7%
Other Assets
$2,161,839
$1,574,292
-27%
Total Assets
$51,026,585
$56,943,066
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$21,096,588
$26,031,061
+23%
Grants Payable
-
-
-
Deferred Revenue
$6,050,784
$5,431,846
-10%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$9,070,000
$8,687,335
-4%
Related-Party Payables
-
-
-
Other Liabilities
$2,175,498
$1,592,010
-27%
Total Liabilities
$38,392,870
$41,742,252
+9%
Net assets
2023
2024
Change
Restricted Net Assets
$1,933,080
$2,538,649
+31%
Unrestricted Net Assets
$10,700,635
$12,662,165
+18%
Net assets
2023
2024
Change
Net assets
+$12,633,715
+$15,200,814
+20%