Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$10,687,043
Property, Plant, & Equipment (net)
43%
Cash & Equivalents
36%
Investments
14%
Receivables (Non-Related)
4%
Prepaid Expenses
2%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$4,517,809
Deferred Revenue
76%
Notes Payable / Debt (Non-Related)
16%
Payables & Accruals
7%
Related-Party Payables
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,277,740
$3,834,710
+17%
Receivables (Non-Related)
$340,350
$464,091
+36%
Related-Party Receivables
-
-
-
Inventories
$109,883
$96,653
-12%
Prepaid Expenses
$243,291
$214,220
-12%
Investments
$927,453
$1,463,947
+58%
Property, Plant, & Equipment (net)
$4,564,847
$4,613,422
+1%
Other Assets
-
-
-
Total Assets
$9,463,564
$10,687,043
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$132,669
$318,603
+140%
Grants Payable
-
-
-
Deferred Revenue
$2,738,307
$3,411,808
+25%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$769,258
$727,398
-5%
Related-Party Payables
$120,000
$60,000
-50%
Other Liabilities
$0
-
-
Total Liabilities
$3,760,234
$4,517,809
+20%
Net assets
2023
2024
Change
Restricted Net Assets
$586,983
$1,060,862
+81%
Unrestricted Net Assets
$5,116,347
$5,108,372
0%
Net assets
2023
2024
Change
Net assets
+$5,703,330
+$6,169,234
+8%