Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$19,724,078
Cash & Equivalents
70%
Prepaid Expenses
15%
Receivables (Non-Related)
10%
Other Assets
3%
Property, Plant, & Equipment (net)
1%
Inventories
1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$20,216,955
Deferred Revenue
42%
Custodial & Escrow Liabilities
29%
Notes Payable / Debt (Non-Related)
22%
Payables & Accruals
5%
Other Liabilities
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$9,645,418
$13,737,569
+42%
Receivables (Non-Related)
$1,537,706
$2,046,364
+33%
Related-Party Receivables
$0
$0
-
Inventories
$210,419
$206,895
-2%
Prepaid Expenses
$2,526,673
$2,953,736
+17%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$237,558
$229,583
-3%
Other Assets
$718,500
$549,931
-23%
Total Assets
$14,876,274
$19,724,078
+33%
Liabilities
2023
2024
Change
Payables & Accruals
$1,849,138
$934,121
-49%
Grants Payable
$0
-
-
Deferred Revenue
$9,809,116
$8,580,926
-13%
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$0
$5,850,414
-
Notes Payable / Debt (Non-Related)
$4,937,068
$4,504,755
-9%
Related-Party Payables
$0
$0
-
Other Liabilities
$4,854,255
$346,739
-93%
Total Liabilities
$21,449,577
$20,216,955
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$668,191
$562,548
-16%
Unrestricted Net Assets
-$7,241,494
-$1,055,425
+85%
Net assets
2023
2024
Change
Net assets
-$6,573,303
-$492,877
+93%