Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$40,124,887
Investments
36%
Property, Plant, & Equipment (net)
36%
Other Assets
22%
Inventories
2%
Prepaid Expenses
2%
Cash & Equivalents
2%
Receivables (Non-Related)
1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$6,020,516
Deferred Revenue
57%
Payables & Accruals
34%
Other Liabilities
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
$1,417,255
$641,211
-55%
Receivables (Non-Related)
$228,414
$426,813
+87%
Related-Party Receivables
-
-
-
Inventories
$790,794
$863,669
+9%
Prepaid Expenses
$295,428
$676,229
+129%
Investments
$14,543,381
$14,441,258
-1%
Property, Plant, & Equipment (net)
$14,516,301
$14,319,687
-1%
Other Assets
$8,734,386
$8,756,020
+0%
Total Assets
$40,525,959
$40,124,887
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$1,615,930
$2,071,987
+28%
Grants Payable
-
-
-
Deferred Revenue
$3,932,949
$3,457,533
-12%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,003,090
$490,996
-51%
Total Liabilities
$6,551,969
$6,020,516
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$1,222,701
$1,229,701
+1%
Unrestricted Net Assets
$32,751,289
$32,874,670
+0%
Net assets
2023
2024
Change
Net assets
+$33,973,990
+$34,104,371
+0%