Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$40,147,303
Cash & Equivalents
42%
Investments
31%
Property, Plant, & Equipment (net)
20%
Receivables (Non-Related)
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$7,450,639
Deferred Revenue
77%
Payables & Accruals
23%
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
$19,503,675
$17,031,521
-13%
Receivables (Non-Related)
$1,367,324
$2,112,246
+54%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$209,899
$295,781
+41%
Investments
$11,173,546
$12,597,524
+13%
Property, Plant, & Equipment (net)
$4,084,753
$8,110,231
+99%
Other Assets
-
-
-
Total Assets
$36,339,197
$40,147,303
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$1,895,830
$1,702,986
-10%
Grants Payable
-
-
-
Deferred Revenue
$4,933,711
$5,747,653
+16%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$6,829,541
$7,450,639
+9%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$29,509,656
$32,696,664
+11%
Net assets
2023
2024
Change
Net assets
+$29,509,656
+$32,696,664
+11%