Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$32,517,437
Investments
58%
Cash & Equivalents
24%
Inventories
10%
Property, Plant, & Equipment (net)
8%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$10,998,819
Deferred Revenue
86%
Payables & Accruals
14%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$10,301,587
$7,866,677
-24%
Receivables (Non-Related)
$450,859
$0
-100%
Related-Party Receivables
-
-
-
Inventories
$2,711,175
$3,160,734
+17%
Prepaid Expenses
$301,365
$260,587
-14%
Investments
$17,593,775
$18,726,148
+6%
Property, Plant, & Equipment (net)
$2,956,591
$2,503,291
-15%
Other Assets
-
-
-
Total Assets
$34,315,352
$32,517,437
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$1,148,241
$1,573,223
+37%
Grants Payable
-
-
-
Deferred Revenue
$8,129,656
$9,425,596
+16%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$9,277,897
$10,998,819
+19%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$25,037,455
$21,518,618
-14%
Net assets
2023
2024
Change
Net assets
+$25,037,455
+$21,518,618
-14%