Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$108,626,734
Investments
45%
Property, Plant, & Equipment (net)
40%
Cash & Equivalents
7%
Other Assets
4%
Receivables (Non-Related)
2%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$14,862,424
Tax-Exempt Bond Liabilities
66%
Deferred Revenue
19%
Payables & Accruals
15%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,141,885
$7,368,800
-9%
Receivables (Non-Related)
$612,680
$2,330,515
+280%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,283,622
$1,439,224
-37%
Investments
$47,328,037
$49,093,566
+4%
Property, Plant, & Equipment (net)
$44,028,132
$43,574,274
-1%
Other Assets
$4,457,355
$4,820,355
+8%
Total Assets
$106,851,711
$108,626,734
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$1,917,320
$2,170,254
+13%
Grants Payable
-
-
-
Deferred Revenue
$3,810,267
$2,851,623
-25%
Tax-Exempt Bond Liabilities
$10,680,886
$9,840,547
-8%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$16,408,473
$14,862,424
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$36,646,484
$43,267,841
+18%
Unrestricted Net Assets
$53,796,754
$50,496,469
-6%
Net assets
2023
2024
Change
Net assets
+$90,443,238
+$93,764,310
+4%