Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$72,445,924
Investments
75%
Property, Plant, & Equipment (net)
21%
Cash & Equivalents
2%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$8,031,676
Tax-Exempt Bond Liabilities
63%
Deferred Revenue
24%
Payables & Accruals
11%
Other Liabilities
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,825,340
$1,509,986
-17%
Receivables (Non-Related)
$397,494
$287,430
-28%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$1,253,036
$906,390
-28%
Investments
$46,228,929
$54,172,066
+17%
Property, Plant, & Equipment (net)
$16,293,313
$15,570,052
-4%
Other Assets
$0
$0
-
Total Assets
$65,998,112
$72,445,924
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$1,003,666
$870,266
-13%
Grants Payable
$0
$0
-
Deferred Revenue
$1,946,988
$1,955,217
+0%
Tax-Exempt Bond Liabilities
$5,319,656
$5,045,002
-5%
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$1,000,000
$0
-100%
Related-Party Payables
$0
$0
-
Other Liabilities
$238,487
$161,191
-32%
Total Liabilities
$9,508,797
$8,031,676
-16%
Net assets
2023
2024
Change
Restricted Net Assets
$228,302
$234,579
+3%
Unrestricted Net Assets
$56,261,013
$64,179,669
+14%
Net assets
2023
2024
Change
Net assets
+$56,489,315
+$64,414,248
+14%