Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$25,467,092
Cash & Equivalents
51%
Property, Plant, & Equipment (net)
45%
Prepaid Expenses
2%
Receivables (Non-Related)
1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,950,392
Custodial & Escrow Liabilities
51%
Payables & Accruals
32%
Deferred Revenue
17%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$10,159,549
$13,062,500
+29%
Receivables (Non-Related)
$308,924
$314,126
+2%
Related-Party Receivables
-
-
-
Inventories
$29,878
$37,326
+25%
Prepaid Expenses
$425,543
$488,458
+15%
Investments
-
-
-
Property, Plant, & Equipment (net)
$7,899,296
$11,539,084
+46%
Other Assets
$23,066
$25,598
+11%
Total Assets
$18,846,256
$25,467,092
+35%
Liabilities
2023
2024
Change
Payables & Accruals
$317,630
$942,901
+197%
Grants Payable
-
-
-
Deferred Revenue
$399,155
$504,490
+26%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$1,508,876
$1,503,001
0%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,225,661
$2,950,392
+33%
Net assets
2023
2024
Change
Restricted Net Assets
$4,675,616
$9,773,245
+109%
Unrestricted Net Assets
$11,944,979
$12,743,455
+7%
Net assets
2023
2024
Change
Net assets
+$16,620,595
+$22,516,700
+35%