Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$37,127,874
Cash & Equivalents
48%
Property, Plant, & Equipment (net)
30%
Other Assets
11%
Receivables (Non-Related)
10%
Inventories
<1%
Investments
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$20,269,720
Deferred Revenue
55%
Other Liabilities
24%
Payables & Accruals
19%
Notes Payable / Debt (Non-Related)
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,089,868
$17,701,964
+248%
Receivables (Non-Related)
$3,655,392
$3,835,443
+5%
Related-Party Receivables
-
-
-
Inventories
$385,463
$322,797
-16%
Prepaid Expenses
$24,975
$21,293
-15%
Investments
$57,575
$62,340
+8%
Property, Plant, & Equipment (net)
$9,071,309
$11,222,596
+24%
Other Assets
$5,503,679
$3,961,441
-28%
Total Assets
$23,788,261
$37,127,874
+56%
Liabilities
2023
2024
Change
Payables & Accruals
$5,658,743
$3,934,261
-30%
Grants Payable
-
-
-
Deferred Revenue
$80,000
$11,246,868
+13959%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$439,593
$313,147
-29%
Related-Party Payables
-
-
-
Other Liabilities
$4,148,512
$4,775,444
+15%
Total Liabilities
$10,326,848
$20,269,720
+96%
Net assets
2023
2024
Change
Restricted Net Assets
$1,334,744
$4,630,446
+247%
Unrestricted Net Assets
$12,126,669
$12,227,708
+1%
Net assets
2023
2024
Change
Net assets
+$13,461,413
+$16,858,154
+25%