Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$18,389,402
Property, Plant, & Equipment (net)
65%
Cash & Equivalents
28%
Receivables (Non-Related)
4%
Prepaid Expenses
2%
Inventories
1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,331,161
Deferred Revenue
78%
Payables & Accruals
22%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,499,649
$5,152,444
+15%
Receivables (Non-Related)
$235,193
$730,344
+211%
Related-Party Receivables
-
-
-
Inventories
$239,698
$240,151
+0%
Prepaid Expenses
$321,583
$401,263
+25%
Investments
-
-
-
Property, Plant, & Equipment (net)
$11,846,721
$11,862,107
+0%
Other Assets
$3,459
$3,093
-11%
Total Assets
$17,146,303
$18,389,402
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$970,138
$739,962
-24%
Grants Payable
-
-
-
Deferred Revenue
$2,264,221
$2,591,199
+14%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,234,359
$3,331,161
+3%
Net assets
2023
2024
Change
Restricted Net Assets
$655,783
$779,669
+19%
Unrestricted Net Assets
$13,256,161
$14,278,572
+8%
Net assets
2023
2024
Change
Net assets
+$13,911,944
+$15,058,241
+8%