Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$104,059,960
Investments
96%
Cash & Equivalents
4%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,064,946
Grants Payable
87%
Payables & Accruals
13%
Deferred Revenue
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
$2,265,699
$3,953,883
+75%
Receivables (Non-Related)
$520,368
$556,040
+7%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$7,587
$31,969
+321%
Investments
$90,955,227
$99,512,954
+9%
Property, Plant, & Equipment (net)
$10,121
$5,114
-49%
Other Assets
-
-
-
Total Assets
$93,759,002
$104,059,960
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$281,007
$276,416
-2%
Grants Payable
$1,972,812
$1,788,530
-9%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,253,819
$2,064,946
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$62,234,130
$67,721,026
+9%
Unrestricted Net Assets
$29,271,053
$34,273,988
+17%
Net assets
2023
2024
Change
Net assets
+$91,505,183
+$101,995,014
+11%