Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$12,172,550
Property, Plant, & Equipment (net)
66%
Cash & Equivalents
17%
Receivables (Non-Related)
14%
Other Assets
2%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,943,905
Deferred Revenue
51%
Payables & Accruals
25%
Notes Payable / Debt (Non-Related)
14%
Other Liabilities
10%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,109,829
$2,017,348
-35%
Receivables (Non-Related)
$753,062
$1,734,773
+130%
Related-Party Receivables
-
-
-
Inventories
-
$11,813
-
Prepaid Expenses
$52,297
$105,819
+102%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,443,847
$8,044,556
+25%
Other Assets
$134,075
$258,241
+93%
Total Assets
$10,493,110
$12,172,550
+16%
Liabilities
2023
2024
Change
Payables & Accruals
$407,477
$478,063
+17%
Grants Payable
-
-
-
Deferred Revenue
$2,502,780
$999,970
-60%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$277,664
-
Related-Party Payables
-
-
-
Other Liabilities
$108,487
$188,208
+73%
Total Liabilities
$3,018,744
$1,943,905
-36%
Net assets
2023
2024
Change
Restricted Net Assets
$76,466
$114,028
+49%
Unrestricted Net Assets
$7,397,900
$10,114,617
+37%
Net assets
2023
2024
Change
Net assets
+$7,474,366
+$10,228,645
+37%