Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$13,783,563
Investments
45%
Property, Plant, & Equipment (net)
28%
Receivables (Non-Related)
22%
Cash & Equivalents
3%
Other Assets
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$4,277,741
Deferred Revenue
89%
Other Liabilities
7%
Payables & Accruals
4%
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
$13,573
$417,966
+2979%
Receivables (Non-Related)
$3,089,884
$3,040,901
-2%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$27,761
$2,490
-91%
Investments
$12,187,065
$6,238,299
-49%
Property, Plant, & Equipment (net)
$772,987
$3,801,266
+392%
Other Assets
$0
$282,641
-
Total Assets
$16,091,270
$13,783,563
-14%
Liabilities
2023
2024
Change
Payables & Accruals
$509,578
$190,649
-63%
Grants Payable
-
-
-
Deferred Revenue
$4,000,000
$3,800,000
-5%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$287,092
-
Total Liabilities
$4,509,578
$4,277,741
-5%
Net assets
2023
2024
Change
Restricted Net Assets
-
$1,188,787
-
Unrestricted Net Assets
$11,581,692
$8,317,035
-28%
Net assets
2023
2024
Change
Net assets
+$11,581,692
+$9,505,822
-18%