Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$74,048,371
Investments
55%
Property, Plant, & Equipment (net)
35%
Receivables (Non-Related)
5%
Cash & Equivalents
3%
Other Assets
1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$18,637,202
Deferred Revenue
77%
Payables & Accruals
14%
Other Liabilities
7%
Notes Payable / Debt (Non-Related)
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,806,424
$2,547,628
-33%
Receivables (Non-Related)
$4,063,564
$3,653,299
-10%
Related-Party Receivables
-
-
-
Inventories
$61,310
$58,902
-4%
Prepaid Expenses
$127,381
$93,361
-27%
Investments
$37,710,821
$41,055,906
+9%
Property, Plant, & Equipment (net)
$25,274,971
$25,663,618
+2%
Other Assets
$1,120,562
$975,657
-13%
Total Assets
$72,165,033
$74,048,371
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$3,057,131
$2,564,744
-16%
Grants Payable
-
-
-
Deferred Revenue
$16,282,054
$14,285,853
-12%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$838,715
$515,555
-39%
Related-Party Payables
-
-
-
Other Liabilities
$1,357,102
$1,271,050
-6%
Total Liabilities
$21,535,002
$18,637,202
-13%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$50,630,031
+$55,411,169
+9%