Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$48,218,794
Cash & Equivalents
85%
Property, Plant, & Equipment (net)
6%
Other Assets
4%
Prepaid Expenses
2%
Receivables (Non-Related)
2%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$26,366,697
Deferred Revenue
77%
Notes Payable / Debt (Non-Related)
18%
Payables & Accruals
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$35,535,375
$41,112,584
+16%
Receivables (Non-Related)
$729,310
$916,754
+26%
Related-Party Receivables
-
-
-
Inventories
$90,924
$84,992
-7%
Prepaid Expenses
$1,685,623
$999,133
-41%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,634,231
$3,080,576
-15%
Other Assets
$2,400,018
$2,024,755
-16%
Total Assets
$44,075,481
$48,218,794
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$1,031,335
$1,127,187
+9%
Grants Payable
-
-
-
Deferred Revenue
$20,240,879
$20,418,491
+1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,910,300
$4,821,019
-2%
Related-Party Payables
-
-
-
Other Liabilities
$557,865
$0
-100%
Total Liabilities
$26,740,379
$26,366,697
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$661,735
$625,117
-6%
Unrestricted Net Assets
$16,673,367
$21,226,980
+27%
Net assets
2023
2024
Change
Net assets
+$17,335,102
+$21,852,097
+26%