Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$24,607,258
Investments
66%
Receivables (Non-Related)
23%
Cash & Equivalents
7%
Property, Plant, & Equipment (net)
2%
Prepaid Expenses
1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$3,244,940
Deferred Revenue
40%
Payables & Accruals
37%
Notes Payable / Debt (Non-Related)
22%
Other Liabilities
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,866,683
$1,822,047
-2%
Receivables (Non-Related)
$5,227,530
$5,696,647
+9%
Related-Party Receivables
-
-
-
Inventories
$93,185
$123,745
+33%
Prepaid Expenses
$279,876
$247,652
-12%
Investments
$13,316,388
$16,197,943
+22%
Property, Plant, & Equipment (net)
$676,517
$470,845
-30%
Other Assets
$111,535
$48,379
-57%
Total Assets
$21,571,714
$24,607,258
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$1,015,210
$1,205,668
+19%
Grants Payable
-
-
-
Deferred Revenue
$997,919
$1,288,714
+29%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,288,460
$700,000
-46%
Related-Party Payables
-
-
-
Other Liabilities
$42,862
$50,558
+18%
Total Liabilities
$3,344,451
$3,244,940
-3%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$18,227,263
$21,362,318
+17%
Net assets
2023
2024
Change
Net assets
+$18,227,263
+$21,362,318
+17%