Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$58,112,364
Property, Plant, & Equipment (net)
44%
Investments
26%
Other Assets
16%
Cash & Equivalents
12%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$36,024,640
Tax-Exempt Bond Liabilities
64%
Deferred Revenue
31%
Payables & Accruals
4%
Notes Payable / Debt (Non-Related)
1%
Other Liabilities
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,328,872
$7,119,977
+34%
Receivables (Non-Related)
$454,853
$328,896
-28%
Related-Party Receivables
-
-
-
Inventories
$22,515
$23,820
+6%
Prepaid Expenses
$230,266
$170,336
-26%
Investments
$14,735,839
$15,290,528
+4%
Property, Plant, & Equipment (net)
$25,665,879
$25,734,197
+0%
Other Assets
$5,286,245
$9,444,610
+79%
Total Assets
$51,724,469
$58,112,364
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$1,255,488
$1,384,769
+10%
Grants Payable
-
-
-
Deferred Revenue
$10,906,948
$11,140,569
+2%
Tax-Exempt Bond Liabilities
$18,480,442
$23,102,410
+25%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$532,295
$379,396
-29%
Related-Party Payables
-
-
-
Other Liabilities
$51,588
$17,496
-66%
Total Liabilities
$31,226,761
$36,024,640
+15%
Net assets
2023
2024
Change
Restricted Net Assets
$969,073
$1,262,721
+30%
Unrestricted Net Assets
$19,528,635
$20,825,003
+7%
Net assets
2023
2024
Change
Net assets
+$20,497,708
+$22,087,724
+8%