Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$52,781,156
Cash & Equivalents
>99%
Prepaid Expenses
<1%
Other Assets
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$20,684,570
Deferred Revenue
65%
Grants Payable
31%
Other Liabilities
2%
Payables & Accruals
1%
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
$57,641,871
$52,416,661
-9%
Receivables (Non-Related)
$81,121
$2,001
-98%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$351,948
$348,494
-1%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$0
$14,000
-
Total Assets
$58,074,940
$52,781,156
-9%
Liabilities
2023
2024
Change
Payables & Accruals
$259,202
$304,729
+18%
Grants Payable
$7,284,000
$6,425,000
-12%
Deferred Revenue
$6,450,661
$13,513,289
+109%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$407,745
$441,552
+8%
Total Liabilities
$14,401,608
$20,684,570
+44%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$0
-
Unrestricted Net Assets
$43,673,332
$32,096,586
-27%
Net assets
2023
2024
Change
Net assets
+$43,673,332
+$32,096,586
-27%