Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$25,880,858
Other Assets
55%
Property, Plant, & Equipment (net)
23%
Receivables (Non-Related)
10%
Cash & Equivalents
8%
Investments
2%
Prepaid Expenses
2%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$17,112,328
Other Liabilities
79%
Deferred Revenue
12%
Payables & Accruals
9%
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
$2,905,547
$1,978,921
-32%
Receivables (Non-Related)
$1,536,138
$2,600,362
+69%
Related-Party Receivables
-
-
-
Inventories
$55,928
$57,025
+2%
Prepaid Expenses
$702,146
$538,557
-23%
Investments
$1,685,983
$546,830
-68%
Property, Plant, & Equipment (net)
$5,512,989
$5,875,122
+7%
Other Assets
$20,487,884
$14,284,041
-30%
Total Assets
$32,886,615
$25,880,858
-21%
Liabilities
2023
2024
Change
Payables & Accruals
$2,235,619
$1,532,107
-31%
Grants Payable
-
-
-
Deferred Revenue
$1,889,137
$2,077,008
+10%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$18,908,370
$13,503,213
-29%
Total Liabilities
$23,033,126
$17,112,328
-26%
Net assets
2023
2024
Change
Restricted Net Assets
-
$915,869
-
Unrestricted Net Assets
$9,853,489
$7,852,661
-20%
Net assets
2023
2024
Change
Net assets
+$9,853,489
+$8,768,530
-11%