Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$19,272,885
Investments
63%
Cash & Equivalents
23%
Property, Plant, & Equipment (net)
9%
Receivables (Non-Related)
4%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$2,734,336
Deferred Revenue
55%
Payables & Accruals
39%
Other Liabilities
5%
Grants Payable
0%
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
$5,722,729
$4,428,919
-23%
Receivables (Non-Related)
$627,546
$718,817
+15%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$175,940
$161,712
-8%
Investments
$8,260,852
$12,115,697
+47%
Property, Plant, & Equipment (net)
$1,628,760
$1,697,247
+4%
Other Assets
$135,316
$150,493
+11%
Total Assets
$16,551,143
$19,272,885
+16%
Liabilities
2023
2024
Change
Payables & Accruals
$560,948
$1,074,607
+92%
Grants Payable
-
-
-
Deferred Revenue
$1,425,766
$1,513,403
+6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$124,899
$146,326
+17%
Total Liabilities
$2,111,613
$2,734,336
+29%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$14,439,530
$16,538,549
+15%
Net assets
2023
2024
Change
Net assets
+$14,439,530
+$16,538,549
+15%