Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$26,554,668
Investments
64%
Inventories
16%
Cash & Equivalents
8%
Other Assets
7%
Receivables (Non-Related)
4%
Prepaid Expenses
2%
Related-Party Receivables
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$1,911,090
Payables & Accruals
52%
Deferred Revenue
48%
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
$5,031,345
$2,019,332
-60%
Receivables (Non-Related)
$842,927
$1,067,907
+27%
Related-Party Receivables
-
-
-
Inventories
$4,912,324
$4,146,524
-16%
Prepaid Expenses
$671,999
$651,576
-3%
Investments
$16,731,221
$16,921,497
+1%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$1,138,081
$1,747,832
+54%
Total Assets
$29,327,897
$26,554,668
-9%
Liabilities
2023
2024
Change
Payables & Accruals
$1,434,313
$998,018
-30%
Grants Payable
-
-
-
Deferred Revenue
$5,680,247
$913,072
-84%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$755,000
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
$4,175
$0
-100%
Total Liabilities
$7,873,735
$1,911,090
-76%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$21,454,162
$24,643,578
+15%
Net assets
2023
2024
Change
Net assets
+$21,454,162
+$24,643,578
+15%