Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$42,488,181
Cash & Equivalents
40%
Property, Plant, & Equipment (net)
26%
Other Assets
22%
Investments
6%
Receivables (Non-Related)
4%
Prepaid Expenses
2%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$23,025,544
Other Liabilities
54%
Deferred Revenue
32%
Notes Payable / Debt (Non-Related)
8%
Payables & Accruals
7%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$13,276,633
$16,790,763
+26%
Receivables (Non-Related)
$2,430,573
$1,574,953
-35%
Related-Party Receivables
-
-
-
Inventories
$114,123
$121,479
+6%
Prepaid Expenses
$307,198
$798,248
+160%
Investments
$2,572,092
$2,733,466
+6%
Property, Plant, & Equipment (net)
$10,637,492
$11,159,612
+5%
Other Assets
$6,709,120
$9,309,660
+39%
Total Assets
$36,047,231
$42,488,181
+18%
Liabilities
2023
2024
Change
Payables & Accruals
$1,434,521
$1,530,884
+7%
Grants Payable
-
-
-
Deferred Revenue
$6,902,746
$7,325,918
+6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,054,050
$1,839,961
-10%
Related-Party Payables
-
-
-
Other Liabilities
$7,725,294
$12,328,781
+60%
Total Liabilities
$18,116,611
$23,025,544
+27%
Net assets
2023
2024
Change
Restricted Net Assets
$109,295
$484,295
+343%
Unrestricted Net Assets
$17,821,325
$18,978,342
+6%
Net assets
2023
2024
Change
Net assets
+$17,930,620
+$19,462,637
+9%