Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$71,537,638
Receivables (Non-Related)
44%
Cash & Equivalents
22%
Property, Plant, & Equipment (net)
16%
Investments
15%
Prepaid Expenses
2%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$38,749,217
Other Liabilities
64%
Payables & Accruals
32%
Notes Payable / Debt (Non-Related)
2%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$14,933,818
$15,792,622
+6%
Receivables (Non-Related)
$26,853,513
$31,707,913
+18%
Related-Party Receivables
-
-
-
Inventories
$136,092
$131,219
-4%
Prepaid Expenses
$3,152,119
$1,367,940
-57%
Investments
$10,966,958
$10,848,510
-1%
Property, Plant, & Equipment (net)
$8,799,549
$11,434,369
+30%
Other Assets
$306,983
$255,065
-17%
Total Assets
$65,149,032
$71,537,638
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$12,017,447
$12,379,586
+3%
Grants Payable
-
-
-
Deferred Revenue
$1,031,996
$648,020
-37%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$459,526
$880,514
+92%
Related-Party Payables
-
-
-
Other Liabilities
$22,518,269
$24,841,097
+10%
Total Liabilities
$36,027,238
$38,749,217
+8%
Net assets
2023
2024
Change
Restricted Net Assets
$13,000
$15,120
+16%
Unrestricted Net Assets
$29,108,794
$32,773,301
+13%
Net assets
2023
2024
Change
Net assets
+$29,121,794
+$32,788,421
+13%