Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$20,949,520
Property, Plant, & Equipment (net)
79%
Cash & Equivalents
13%
Receivables (Non-Related)
7%
Prepaid Expenses
<1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,240,785
Payables & Accruals
51%
Deferred Revenue
47%
Other Liabilities
2%
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
$3,699,454
$2,809,547
-24%
Receivables (Non-Related)
$1,286,529
$1,370,166
+7%
Related-Party Receivables
-
-
-
Inventories
$36,572
$46,891
+28%
Prepaid Expenses
$120,357
$127,418
+6%
Investments
-
-
-
Property, Plant, & Equipment (net)
$18,319,141
$16,590,498
-9%
Other Assets
$5,000
$5,000
+0%
Total Assets
$23,467,053
$20,949,520
-11%
Liabilities
2023
2024
Change
Payables & Accruals
$1,053,039
$1,146,268
+9%
Grants Payable
-
-
-
Deferred Revenue
$1,351,535
$1,049,896
-22%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$48,657
$44,621
-8%
Total Liabilities
$2,453,231
$2,240,785
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$525,233
$602,377
+15%
Unrestricted Net Assets
$20,488,589
$18,106,358
-12%
Net assets
2023
2024
Change
Net assets
+$21,013,822
+$18,708,735
-11%