Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$53,604,772
Property, Plant, & Equipment (net)
81%
Cash & Equivalents
12%
Other Assets
4%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Investments
<1%
Related-Party Receivables
<1%
Inventories
0%
Liabilities in 2024 (Year End)
$22,424,606
Related-Party Payables
42%
Deferred Revenue
29%
Payables & Accruals
10%
Notes Payable / Debt (Non-Related)
9%
Other Liabilities
9%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,275,465
$6,342,301
-23%
Receivables (Non-Related)
$345,350
$433,002
+25%
Related-Party Receivables
$72,127
$72,127
+0%
Inventories
-
-
-
Prepaid Expenses
$607,057
$546,675
-10%
Investments
$346,680
$349,734
+1%
Property, Plant, & Equipment (net)
$48,061,053
$43,649,489
-9%
Other Assets
$3,078,483
$2,211,444
-28%
Total Assets
$60,786,215
$53,604,772
-12%
Liabilities
2023
2024
Change
Payables & Accruals
$2,701,936
$2,278,480
-16%
Grants Payable
-
-
-
Deferred Revenue
$5,894,115
$6,469,362
+10%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,000,000
$2,086,306
+4%
Related-Party Payables
$9,030,826
$9,517,821
+5%
Other Liabilities
$2,969,084
$2,072,637
-30%
Total Liabilities
$22,595,961
$22,424,606
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$1,008,306
$592,874
-41%
Unrestricted Net Assets
$37,181,948
$30,587,292
-18%
Net assets
2023
2024
Change
Net assets
+$38,190,254
+$31,180,166
-18%