Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$38,163,287
Investments
42%
Cash & Equivalents
34%
Receivables (Non-Related)
10%
Other Assets
6%
Prepaid Expenses
5%
Property, Plant, & Equipment (net)
3%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$21,439,285
Deferred Revenue
63%
Payables & Accruals
23%
Other Liabilities
13%
Notes Payable / Debt (Non-Related)
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,037,802
$13,112,573
+117%
Receivables (Non-Related)
$4,398,161
$3,896,350
-11%
Related-Party Receivables
-
-
-
Inventories
-
$34,740
-
Prepaid Expenses
$497,374
$1,779,943
+258%
Investments
$14,783,979
$15,853,763
+7%
Property, Plant, & Equipment (net)
$1,260,751
$1,034,502
-18%
Other Assets
$2,715,999
$2,451,416
-10%
Total Assets
$29,694,066
$38,163,287
+29%
Liabilities
2023
2024
Change
Payables & Accruals
$3,002,871
$5,000,143
+67%
Grants Payable
-
-
-
Deferred Revenue
$8,575,626
$13,474,182
+57%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$305,820
$266,172
-13%
Related-Party Payables
-
-
-
Other Liabilities
$3,067,613
$2,698,788
-12%
Total Liabilities
$14,951,930
$21,439,285
+43%
Net assets
2023
2024
Change
Restricted Net Assets
$1,095,146
$1,208,062
+10%
Unrestricted Net Assets
$13,646,990
$15,515,940
+14%
Net assets
2023
2024
Change
Net assets
+$14,742,136
+$16,724,002
+13%