Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$25,163,258
Receivables (Non-Related)
48%
Cash & Equivalents
31%
Other Assets
8%
Property, Plant, & Equipment (net)
6%
Investments
5%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$23,729,297
Deferred Revenue
38%
Payables & Accruals
37%
Custodial & Escrow Liabilities
16%
Other Liabilities
8%
Notes Payable / Debt (Non-Related)
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,068,336
$7,760,833
+275%
Receivables (Non-Related)
$16,795,516
$12,055,980
-28%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$570,860
$611,993
+7%
Investments
$1,148,705
$1,257,142
+9%
Property, Plant, & Equipment (net)
$2,127,470
$1,519,093
-29%
Other Assets
$1,737,995
$1,958,217
+13%
Total Assets
$24,448,882
$25,163,258
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$8,343,950
$8,805,814
+6%
Grants Payable
-
-
-
Deferred Revenue
$5,884,690
$8,910,143
+51%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$1,807,779
$3,702,510
+105%
Notes Payable / Debt (Non-Related)
$1,873,557
$478,660
-74%
Related-Party Payables
-
-
-
Other Liabilities
$1,795,563
$1,832,170
+2%
Total Liabilities
$19,705,539
$23,729,297
+20%
Net assets
2023
2024
Change
Restricted Net Assets
$1,487,703
$1,082,676
-27%
Unrestricted Net Assets
$3,255,640
$351,285
-89%
Net assets
2023
2024
Change
Net assets
+$4,743,343
+$1,433,961
-70%