Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$28,037,437
Property, Plant, & Equipment (net)
65%
Cash & Equivalents
22%
Other Assets
6%
Inventories
3%
Prepaid Expenses
2%
Receivables (Non-Related)
1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,733,960
Deferred Revenue
73%
Other Liabilities
20%
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%
Assets
2023
2024
Change
Cash & Equivalents
$5,143,994
$6,228,981
+21%
Receivables (Non-Related)
$224,949
$345,255
+53%
Related-Party Receivables
-
-
-
Inventories
$1,204,214
$876,014
-27%
Prepaid Expenses
$397,836
$510,490
+28%
Investments
-
-
-
Property, Plant, & Equipment (net)
$17,668,225
$18,320,749
+4%
Other Assets
$2,391,032
$1,755,948
-27%
Total Assets
$27,030,250
$28,037,437
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$414,028
$280,933
-32%
Grants Payable
-
-
-
Deferred Revenue
$2,703,371
$2,719,634
+1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,371,851
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
$547,325
$733,393
+34%
Total Liabilities
$7,036,575
$3,733,960
-47%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$19,993,675
$24,303,477
+22%
Net assets
2023
2024
Change
Net assets
+$19,993,675
+$24,303,477
+22%