Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$42,012,962
Cash & Equivalents
76%
Receivables (Non-Related)
14%
Other Assets
5%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$12,334,362
Deferred Revenue
66%
Payables & Accruals
29%
Other Liabilities
5%
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
$9,323,942
$31,824,739
+241%
Receivables (Non-Related)
$6,279,932
$5,829,319
-7%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$528,282
$701,148
+33%
Investments
-
-
-
Property, Plant, & Equipment (net)
$17,584,898
$1,563,377
-91%
Other Assets
$2,241,136
$2,094,379
-7%
Total Assets
$35,958,190
$42,012,962
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$3,195,745
$3,606,943
+13%
Grants Payable
-
-
-
Deferred Revenue
$2,697,925
$8,108,320
+201%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,660,279
$619,099
-77%
Total Liabilities
$8,553,949
$12,334,362
+44%
Net assets
2023
2024
Change
Restricted Net Assets
$3,603,672
$3,255,626
-10%
Unrestricted Net Assets
$23,800,569
$26,422,974
+11%
Net assets
2023
2024
Change
Net assets
+$27,404,241
+$29,678,600
+8%