Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$78,581,430
Investments
71%
Property, Plant, & Equipment (net)
22%
Cash & Equivalents
5%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$2,136,597
Deferred Revenue
88%
Payables & Accruals
12%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$12,503,307
$3,624,771
-71%
Receivables (Non-Related)
$1,355,138
$472,234
-65%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,004,937
$956,913
-5%
Investments
$60,214,455
$56,018,396
-7%
Property, Plant, & Equipment (net)
$17,595,988
$17,375,231
-1%
Other Assets
$145,655
$133,885
-8%
Total Assets
$92,819,480
$78,581,430
-15%
Liabilities
2023
2024
Change
Payables & Accruals
$200,498
$266,223
+33%
Grants Payable
-
-
-
Deferred Revenue
$1,499,557
$1,870,374
+25%
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,700,055
$2,136,597
+26%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$91,119,425
$76,444,833
-16%
Net assets
2023
2024
Change
Net assets
+$91,119,425
+$76,444,833
-16%