Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$182,139,533
Property, Plant, & Equipment (net)
42%
Investments
34%
Receivables (Non-Related)
17%
Cash & Equivalents
4%
Other Assets
2%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$76,414,627
Deferred Revenue
49%
Tax-Exempt Bond Liabilities
47%
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
$9,835,826
$7,413,798
-25%
Receivables (Non-Related)
$28,456,896
$30,164,353
+6%
Related-Party Receivables
-
-
-
Inventories
$82,242
$48,329
-41%
Prepaid Expenses
$778,291
$738,178
-5%
Investments
$56,848,970
$62,476,449
+10%
Property, Plant, & Equipment (net)
$78,599,206
$77,048,907
-2%
Other Assets
$3,452,060
$4,249,519
+23%
Total Assets
$178,053,491
$182,139,533
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$4,358,372
$2,860,659
-34%
Grants Payable
-
-
-
Deferred Revenue
$35,063,965
$37,240,279
+6%
Tax-Exempt Bond Liabilities
$38,555,270
$36,190,527
-6%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$312,068
$123,162
-61%
Total Liabilities
$78,289,675
$76,414,627
-2%
Net assets
2023
2024
Change
Restricted Net Assets
$38,256,885
$41,400,290
+8%
Unrestricted Net Assets
$61,506,931
$64,324,616
+5%
Net assets
2023
2024
Change
Net assets
+$99,763,816
+$105,724,906
+6%