Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$34,628,315
Other Assets
34%
Receivables (Non-Related)
29%
Property, Plant, & Equipment (net)
22%
Cash & Equivalents
15%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$22,804,209
Other Liabilities
61%
Deferred Revenue
32%
Payables & Accruals
6%
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
$7,122,700
$5,021,508
-29%
Receivables (Non-Related)
$9,461,867
$9,927,997
+5%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$144,583
$215,383
+49%
Investments
-
-
-
Property, Plant, & Equipment (net)
$7,425,884
$7,603,526
+2%
Other Assets
$455,269
$11,859,901
+2505%
Total Assets
$24,610,303
$34,628,315
+41%
Liabilities
2023
2024
Change
Payables & Accruals
$1,378,571
$1,456,621
+6%
Grants Payable
-
-
-
Deferred Revenue
$12,129,472
$7,405,884
-39%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,196,911
$13,941,704
+1065%
Total Liabilities
$14,704,954
$22,804,209
+55%
Net assets
2023
2024
Change
Restricted Net Assets
$2,225
$2,225
+0%
Unrestricted Net Assets
$9,903,124
$11,821,881
+19%
Net assets
2023
2024
Change
Net assets
+$9,905,349
+$11,824,106
+19%