Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$142,181,493
Property, Plant, & Equipment (net)
62%
Cash & Equivalents
31%
Receivables (Non-Related)
5%
Investments
2%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$52,884,931
Tax-Exempt Bond Liabilities
61%
Deferred Revenue
16%
Payables & Accruals
16%
Notes Payable / Debt (Non-Related)
8%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$44,758,584
$43,813,335
-2%
Receivables (Non-Related)
$4,053,216
$6,989,516
+72%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$290,248
$206,292
-29%
Investments
$2,649,582
$3,048,523
+15%
Property, Plant, & Equipment (net)
$76,533,381
$87,504,465
+14%
Other Assets
$595,254
$619,362
+4%
Total Assets
$128,880,265
$142,181,493
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$6,196,391
$8,318,603
+34%
Grants Payable
$0
$0
-
Deferred Revenue
$6,455,529
$8,435,350
+31%
Tax-Exempt Bond Liabilities
$33,941,778
$32,130,978
-5%
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$4,000,000
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$46,593,698
$52,884,931
+14%
Net assets
2023
2024
Change
Restricted Net Assets
$5,818,916
$4,742,225
-19%
Unrestricted Net Assets
$76,467,651
$84,554,337
+11%
Net assets
2023
2024
Change
Net assets
+$82,286,567
+$89,296,562
+9%