Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$85,651,042
Investments
65%
Cash & Equivalents
16%
Property, Plant, & Equipment (net)
16%
Prepaid Expenses
2%
Other Assets
<1%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$32,237,224
Deferred Revenue
85%
Notes Payable / Debt (Non-Related)
10%
Payables & Accruals
5%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,194,523
$14,009,970
+71%
Receivables (Non-Related)
$186,469
$170,420
-9%
Related-Party Receivables
-
-
-
Inventories
$7,473
$7,473
+0%
Prepaid Expenses
$1,452,230
$1,663,017
+15%
Investments
$45,175,394
$55,874,723
+24%
Property, Plant, & Equipment (net)
$13,779,810
$13,622,300
-1%
Other Assets
$352,756
$303,139
-14%
Total Assets
$69,148,655
$85,651,042
+24%
Liabilities
2023
2024
Change
Payables & Accruals
$1,736,130
$1,666,776
-4%
Grants Payable
-
-
-
Deferred Revenue
$22,642,763
$27,349,383
+21%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,250,671
$3,098,384
-5%
Related-Party Payables
-
-
-
Other Liabilities
$140,231
$122,681
-13%
Total Liabilities
$27,769,795
$32,237,224
+16%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$41,378,860
$53,413,818
+29%
Net assets
2023
2024
Change
Net assets
+$41,378,860
+$53,413,818
+29%