Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$13,397,016
Receivables (Non-Related)
41%
Other Assets
28%
Cash & Equivalents
14%
Investments
11%
Property, Plant, & Equipment (net)
5%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$11,578,961
Payables & Accruals
49%
Other Liabilities
32%
Deferred Revenue
18%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$340,025
$1,921,503
+465%
Receivables (Non-Related)
$6,463,405
$5,457,147
-16%
Related-Party Receivables
-
-
-
Inventories
$29,423
$27,120
-8%
Prepaid Expenses
$57,248
$90,430
+58%
Investments
$1,358,091
$1,456,802
+7%
Property, Plant, & Equipment (net)
$554,830
$667,457
+20%
Other Assets
$1,946,253
$3,776,557
+94%
Total Assets
$10,749,275
$13,397,016
+25%
Liabilities
2023
2024
Change
Payables & Accruals
$3,883,373
$5,631,505
+45%
Grants Payable
-
-
-
Deferred Revenue
$2,510,467
$2,116,120
-16%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$385,740
$97,505
-75%
Related-Party Payables
-
-
-
Other Liabilities
$1,882,120
$3,733,831
+98%
Total Liabilities
$8,661,700
$11,578,961
+34%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,087,575
$1,818,055
-13%
Net assets
2023
2024
Change
Net assets
+$2,087,575
+$1,818,055
-13%