Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$25,994,507
Receivables (Non-Related)
59%
Investments
24%
Cash & Equivalents
12%
Other Assets
2%
Property, Plant, & Equipment (net)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$8,218,451
Deferred Revenue
65%
Notes Payable / Debt (Non-Related)
13%
Other Liabilities
12%
Payables & Accruals
10%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,077,633
$3,169,178
+53%
Receivables (Non-Related)
$15,844,134
$15,432,653
-3%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$81,065
$82,787
+2%
Investments
$5,919,118
$6,298,425
+6%
Property, Plant, & Equipment (net)
$480,572
$456,175
-5%
Other Assets
$808,536
$555,289
-31%
Total Assets
$25,211,058
$25,994,507
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$781,935
$788,346
+1%
Grants Payable
-
-
-
Deferred Revenue
$5,886,830
$5,311,407
-10%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$500,000
$1,100,000
+120%
Related-Party Payables
-
-
-
Other Liabilities
$1,348,374
$1,018,698
-24%
Total Liabilities
$8,517,139
$8,218,451
-4%
Net assets
2023
2024
Change
Restricted Net Assets
$226,006
$246,685
+9%
Unrestricted Net Assets
$16,467,913
$17,529,371
+6%
Net assets
2023
2024
Change
Net assets
+$16,693,919
+$17,776,056
+6%