Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$10,543,203
Investments
54%
Property, Plant, & Equipment (net)
29%
Cash & Equivalents
16%
Prepaid Expenses
<1%
Other Assets
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$2,031,331
Notes Payable / Debt (Non-Related)
70%
Deferred Revenue
20%
Payables & Accruals
10%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,403,415
$1,733,648
+24%
Receivables (Non-Related)
$51,197
$15,523
-70%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$36,119
$48,439
+34%
Investments
$4,973,810
$5,641,339
+13%
Property, Plant, & Equipment (net)
$3,199,083
$3,059,704
-4%
Other Assets
$41,019
$44,550
+9%
Total Assets
$9,704,643
$10,543,203
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$169,751
$210,378
+24%
Grants Payable
-
-
-
Deferred Revenue
$360,517
$408,293
+13%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,490,540
$1,412,660
-5%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,020,808
$2,031,331
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$5,661,632
$6,793,016
+20%
Unrestricted Net Assets
$2,022,203
$1,718,856
-15%
Net assets
2023
2024
Change
Net assets
+$7,683,835
+$8,511,872
+11%