Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$55,422,895
Receivables (Non-Related)
71%
Property, Plant, & Equipment (net)
11%
Cash & Equivalents
10%
Other Assets
7%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$49,303,780
Other Liabilities
43%
Deferred Revenue
34%
Payables & Accruals
14%
Notes Payable / Debt (Non-Related)
7%
Custodial & Escrow Liabilities
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,666,541
$5,471,517
+49%
Receivables (Non-Related)
$24,042,927
$39,574,244
+65%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$108,700
$88,153
-19%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$7,258,012
$6,282,759
-13%
Other Assets
$5,800,823
$4,006,222
-31%
Total Assets
$40,877,003
$55,422,895
+36%
Liabilities
2023
2024
Change
Payables & Accruals
$6,877,327
$6,727,271
-2%
Grants Payable
-
$0
-
Deferred Revenue
$5,972,943
$16,933,341
+184%
Tax-Exempt Bond Liabilities
-
$0
-
Custodial & Escrow Liabilities
$692,935
$892,757
+29%
Notes Payable / Debt (Non-Related)
$3,962,582
$3,480,471
-12%
Related-Party Payables
-
$0
-
Other Liabilities
$15,537,671
$21,269,940
+37%
Total Liabilities
$33,043,458
$49,303,780
+49%
Net assets
2023
2024
Change
Restricted Net Assets
$6,656,698
$4,716,467
-29%
Unrestricted Net Assets
$1,176,847
$1,402,648
+19%
Net assets
2023
2024
Change
Net assets
+$7,833,545
+$6,119,115
-22%