Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$79,750,656
Investments
63%
Other Assets
16%
Cash & Equivalents
13%
Receivables (Non-Related)
7%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$72,182,210
Grants Payable
65%
Other Liabilities
22%
Deferred Revenue
8%
Payables & Accruals
6%
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
$18,274,934
$10,277,939
-44%
Receivables (Non-Related)
$7,680,992
$5,653,371
-26%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$716,046
$653,307
-9%
Investments
$49,017,492
$50,030,001
+2%
Property, Plant, & Equipment (net)
$442,878
$289,694
-35%
Other Assets
$14,164,520
$12,846,344
-9%
Total Assets
$90,296,862
$79,750,656
-12%
Liabilities
2023
2024
Change
Payables & Accruals
$6,055,240
$4,343,119
-28%
Grants Payable
$54,322,642
$46,640,577
-14%
Deferred Revenue
$7,997,894
$5,414,839
-32%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$17,168,453
$15,783,675
-8%
Total Liabilities
$85,544,229
$72,182,210
-16%
Net assets
2023
2024
Change
Restricted Net Assets
$312,135
$186,951
-40%
Unrestricted Net Assets
$4,440,498
$7,381,495
+66%
Net assets
2023
2024
Change
Net assets
+$4,752,633
+$7,568,446
+59%