Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$151,608,145
Receivables (Non-Related)
64%
Cash & Equivalents
29%
Property, Plant, & Equipment (net)
4%
Investments
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$91,871,150
Notes Payable / Debt (Non-Related)
92%
Other Liabilities
6%
Payables & Accruals
2%
Deferred Revenue
<1%
Related-Party Payables
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$31,304,336
$43,629,059
+39%
Receivables (Non-Related)
$82,183,207
$96,630,792
+18%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$360,589
$299,649
-17%
Investments
$6,206,457
$5,307,788
-14%
Property, Plant, & Equipment (net)
$5,813,248
$5,740,857
-1%
Other Assets
$0
-
-
Total Assets
$125,867,837
$151,608,145
+20%
Liabilities
2023
2024
Change
Payables & Accruals
$1,411,470
$1,633,310
+16%
Grants Payable
-
-
-
Deferred Revenue
$78,724
$194,871
+148%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$75,605,377
$84,606,237
+12%
Related-Party Payables
$178,126
$172,803
-3%
Other Liabilities
$5,050,000
$5,263,929
+4%
Total Liabilities
$82,323,697
$91,871,150
+12%
Net assets
2023
2024
Change
Restricted Net Assets
$15,408,001
$18,403,414
+19%
Unrestricted Net Assets
$28,136,139
$41,333,581
+47%
Net assets
2023
2024
Change
Net assets
+$43,544,140
+$59,736,995
+37%