Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$74,448,947
Other Assets
67%
Investments
30%
Receivables (Non-Related)
1%
Property, Plant, & Equipment (net)
<1%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$89,082,789
Tax-Exempt Bond Liabilities
77%
Payables & Accruals
13%
Notes Payable / Debt (Non-Related)
5%
Other Liabilities
4%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$873,971
$360,811
-59%
Receivables (Non-Related)
$642,820
$970,883
+51%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$285,116
$121,406
-57%
Investments
$23,959,511
$22,306,349
-7%
Property, Plant, & Equipment (net)
$669,791
$683,741
+2%
Other Assets
$55,003,462
$50,005,757
-9%
Total Assets
$81,434,671
$74,448,947
-9%
Liabilities
2023
2024
Change
Payables & Accruals
$10,243,731
$11,446,267
+12%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$73,371,752
$69,014,534
-6%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,720,000
$4,720,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
$3,212,243
$3,901,988
+21%
Total Liabilities
$91,547,726
$89,082,789
-3%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$10,113,055
-$14,633,842
-45%
Net assets
2023
2024
Change
Net assets
-$10,113,055
-$14,633,842
-45%