Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$55,828,065
Other Assets
34%
Property, Plant, & Equipment (net)
32%
Cash & Equivalents
22%
Investments
8%
Receivables (Non-Related)
3%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$7,941,245
Deferred Revenue
92%
Payables & Accruals
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,770,448
$12,362,887
+114%
Receivables (Non-Related)
$2,774,898
$1,823,351
-34%
Related-Party Receivables
-
-
-
Inventories
$13,896
$14,769
+6%
Prepaid Expenses
$6,008
$14,360
+139%
Investments
$4,099,767
$4,556,985
+11%
Property, Plant, & Equipment (net)
$13,919,224
$18,044,149
+30%
Other Assets
$18,887,509
$19,011,564
+1%
Total Assets
$45,471,750
$55,828,065
+23%
Liabilities
2023
2024
Change
Payables & Accruals
$466,223
$619,917
+33%
Grants Payable
-
-
-
Deferred Revenue
$500,000
$7,321,328
+1364%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$966,223
$7,941,245
+722%
Net assets
2023
2024
Change
Restricted Net Assets
$36,310,306
$41,047,414
+13%
Unrestricted Net Assets
$8,195,221
$6,839,406
-17%
Net assets
2023
2024
Change
Net assets
+$44,505,527
+$47,886,820
+8%