Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$101,968,164
Prepaid Expenses
47%
Investments
24%
Cash & Equivalents
14%
Property, Plant, & Equipment (net)
13%
Receivables (Non-Related)
3%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$10,094,145
Deferred Revenue
76%
Payables & Accruals
19%
Other Liabilities
5%
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
$12,074,998
$13,817,552
+14%
Receivables (Non-Related)
$2,857,130
$2,779,102
-3%
Related-Party Receivables
$0
$0
-
Inventories
$226,714
$314,852
+39%
Prepaid Expenses
$26,582,531
$47,785,351
+80%
Investments
$22,188,501
$24,147,026
+9%
Property, Plant, & Equipment (net)
$13,112,668
$13,019,312
-1%
Other Assets
$85,095
$104,969
+23%
Total Assets
$77,127,637
$101,968,164
+32%
Liabilities
2023
2024
Change
Payables & Accruals
$2,139,997
$1,946,251
-9%
Grants Payable
$0
$0
-
Deferred Revenue
$8,198,379
$7,693,087
-6%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$623,172
$454,807
-27%
Total Liabilities
$10,961,548
$10,094,145
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$225,946
$245,374
+9%
Unrestricted Net Assets
$65,940,143
$91,628,645
+39%
Net assets
2023
2024
Change
Net assets
+$66,166,089
+$91,874,019
+39%