Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$94,508,501
Property, Plant, & Equipment (net)
30%
Investments
27%
Cash & Equivalents
22%
Receivables (Non-Related)
18%
Other Assets
2%
Related-Party Receivables
<1%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$8,615,456
Deferred Revenue
77%
Other Liabilities
14%
Payables & Accruals
10%
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
$16,137,781
$20,796,570
+29%
Receivables (Non-Related)
$13,682,868
$17,310,008
+27%
Related-Party Receivables
$325,000
$285,000
-12%
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$27,998,185
$25,954,567
-7%
Property, Plant, & Equipment (net)
$27,961,063
$28,589,221
+2%
Other Assets
$1,323,144
$1,573,135
+19%
Total Assets
$87,428,041
$94,508,501
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$487,550
$857,550
+76%
Grants Payable
-
-
-
Deferred Revenue
$8,948,216
$6,594,448
-26%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$987,647
$1,163,458
+18%
Total Liabilities
$10,423,413
$8,615,456
-17%
Net assets
2023
2024
Change
Restricted Net Assets
$39,060,886
$44,778,822
+15%
Unrestricted Net Assets
$37,943,742
$41,114,223
+8%
Net assets
2023
2024
Change
Net assets
+$77,004,628
+$85,893,045
+12%