Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$96,332,678
Other Assets
68%
Cash & Equivalents
30%
Investments
<1%
Receivables (Non-Related)
<1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$59,235,806
Notes Payable / Debt (Non-Related)
69%
Deferred Revenue
30%
Other Liabilities
<1%
Payables & Accruals
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$14,999,331
$29,325,707
+96%
Receivables (Non-Related)
$687,882
$694,731
+1%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,606
$3,016
+16%
Investments
$556,600
$717,600
+29%
Property, Plant, & Equipment (net)
$9,828
$5,294
-46%
Other Assets
$58,447,548
$65,586,330
+12%
Total Assets
$74,703,795
$96,332,678
+29%
Liabilities
2023
2024
Change
Payables & Accruals
$335,573
$255,269
-24%
Grants Payable
-
-
-
Deferred Revenue
$9,437,648
$17,787,725
+88%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$39,118,516
$40,692,812
+4%
Related-Party Payables
-
-
-
Other Liabilities
$500,000
$500,000
+0%
Total Liabilities
$49,391,737
$59,235,806
+20%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$25,312,058
$37,096,872
+47%
Net assets
2023
2024
Change
Net assets
+$25,312,058
+$37,096,872
+47%