Balance Sheet

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Assets in 2024 (Year End)
$59,986,571
Investments
43%
Property, Plant, & Equipment (net)
42%
Cash & Equivalents
10%
Other Assets
4%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$43,546,155
Other Liabilities
61%
Tax-Exempt Bond Liabilities
24%
Deferred Revenue
11%
Payables & Accruals
3%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,647,673
$5,912,441
-23%
Receivables (Non-Related)
$945,792
$683,221
-28%
Related-Party Receivables
-
-
-
Inventories
$34,796
$35,841
+3%
Prepaid Expenses
$207,767
$262,198
+26%
Investments
$21,159,743
$25,598,466
+21%
Property, Plant, & Equipment (net)
$19,898,215
$25,011,470
+26%
Other Assets
$2,280,011
$2,482,934
+9%
Total Assets
$52,173,997
$59,986,571
+15%
Liabilities
2023
2024
Change
Payables & Accruals
$901,323
$1,380,379
+53%
Grants Payable
-
-
-
Deferred Revenue
$3,915,275
$4,613,247
+18%
Tax-Exempt Bond Liabilities
$7,728,985
$10,667,777
+38%
Custodial & Escrow Liabilities
$344,424
$222,275
-35%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$26,313,501
$26,662,477
+1%
Total Liabilities
$39,203,508
$43,546,155
+11%
Net assets
2023
2024
Change
Restricted Net Assets
$1,961,319
$2,390,558
+22%
Unrestricted Net Assets
$11,009,170
$14,049,858
+28%
Net assets
2023
2024
Change
Net assets
+$12,970,489
+$16,440,416
+27%