Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$116,576,907
Property, Plant, & Equipment (net)
37%
Investments
35%
Cash & Equivalents
19%
Receivables (Non-Related)
6%
Prepaid Expenses
2%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$17,353,533
Deferred Revenue
51%
Payables & Accruals
45%
Other Liabilities
4%
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
$22,317,194
$22,193,124
-1%
Receivables (Non-Related)
$7,231,214
$6,722,108
-7%
Related-Party Receivables
-
-
-
Inventories
$438,686
$427,515
-3%
Prepaid Expenses
$1,892,969
$2,184,696
+15%
Investments
$34,951,842
$40,989,546
+17%
Property, Plant, & Equipment (net)
$42,666,003
$43,528,703
+2%
Other Assets
$798,185
$531,215
-33%
Total Assets
$110,296,093
$116,576,907
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$5,144,208
$7,857,276
+53%
Grants Payable
-
-
-
Deferred Revenue
$10,564,216
$8,857,560
-16%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$840,778
$638,697
-24%
Total Liabilities
$16,549,202
$17,353,533
+5%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$93,746,891
$99,223,374
+6%
Net assets
2023
2024
Change
Net assets
+$93,746,891
+$99,223,374
+6%