Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$175,160,726
Other Assets
34%
Cash & Equivalents
22%
Property, Plant, & Equipment (net)
22%
Investments
14%
Receivables (Non-Related)
8%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$100,288,737
Notes Payable / Debt (Non-Related)
59%
Other Liabilities
27%
Payables & Accruals
9%
Deferred Revenue
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$30,329,211
$39,309,644
+30%
Receivables (Non-Related)
$18,638,380
$13,792,567
-26%
Related-Party Receivables
-
-
-
Inventories
$248,902
$314,421
+26%
Prepaid Expenses
$792,183
$926,213
+17%
Investments
$30,716,324
$24,055,777
-22%
Property, Plant, & Equipment (net)
$32,765,762
$37,853,754
+16%
Other Assets
$40,990,625
$58,908,350
+44%
Total Assets
$154,481,387
$175,160,726
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$8,132,559
$9,314,814
+15%
Grants Payable
-
-
-
Deferred Revenue
$1,946,770
$4,182,203
+115%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$33,418,961
$59,284,240
+77%
Related-Party Payables
-
-
-
Other Liabilities
$27,493,974
$27,507,480
+0%
Total Liabilities
$70,992,264
$100,288,737
+41%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$83,489,123
$74,871,989
-10%
Net assets
2023
2024
Change
Net assets
+$83,489,123
+$74,871,989
-10%