Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$212,186,782
Property, Plant, & Equipment (net)
55%
Investments
38%
Cash & Equivalents
4%
Receivables (Non-Related)
2%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$136,625,966
Deferred Revenue
59%
Tax-Exempt Bond Liabilities
36%
Payables & Accruals
4%
Other Liabilities
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,759,496
$7,590,824
+102%
Receivables (Non-Related)
$2,862,565
$4,249,716
+48%
Related-Party Receivables
$0
$0
-
Inventories
$185,975
$167,541
-10%
Prepaid Expenses
$524,873
$505,132
-4%
Investments
$73,058,938
$81,428,159
+11%
Property, Plant, & Equipment (net)
$117,075,929
$116,592,500
0%
Other Assets
$1,492,703
$1,652,910
+11%
Total Assets
$198,960,479
$212,186,782
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$4,685,702
$5,267,842
+12%
Grants Payable
$0
$0
-
Deferred Revenue
$77,504,559
$81,162,396
+5%
Tax-Exempt Bond Liabilities
$50,647,828
$49,003,924
-3%
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
-
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$1,176,524
$1,191,804
+1%
Total Liabilities
$134,014,613
$136,625,966
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$12,285,756
$13,921,460
+13%
Unrestricted Net Assets
$52,660,110
$61,639,356
+17%
Net assets
2023
2024
Change
Net assets
+$64,945,866
+$75,560,816
+16%