Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$34,593,528
Investments
34%
Other Assets
27%
Property, Plant, & Equipment (net)
25%
Receivables (Non-Related)
5%
Cash & Equivalents
5%
Prepaid Expenses
1%
Inventories
1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$15,676,059
Other Liabilities
67%
Payables & Accruals
25%
Deferred Revenue
7%
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
$1,101,261
$1,859,239
+69%
Receivables (Non-Related)
$1,753,397
$1,862,168
+6%
Related-Party Receivables
-
-
-
Inventories
$380,241
$361,577
-5%
Prepaid Expenses
$421,258
$502,753
+19%
Investments
$10,783,306
$11,909,306
+10%
Property, Plant, & Equipment (net)
$7,192,127
$8,729,389
+21%
Other Assets
$9,409,463
$9,369,096
0%
Total Assets
$31,041,053
$34,593,528
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$2,503,584
$3,992,349
+59%
Grants Payable
-
-
-
Deferred Revenue
$897,591
$1,158,292
+29%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$10,418,524
$10,525,418
+1%
Total Liabilities
$13,819,699
$15,676,059
+13%
Net assets
2023
2024
Change
Restricted Net Assets
$1,564,050
$1,762,541
+13%
Unrestricted Net Assets
$15,657,304
$17,154,928
+10%
Net assets
2023
2024
Change
Net assets
+$17,221,354
+$18,917,469
+10%