Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$39,542,291
Property, Plant, & Equipment (net)
81%
Cash & Equivalents
10%
Investments
9%
Other Assets
<1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$46,717,734
Tax-Exempt Bond Liabilities
73%
Notes Payable / Debt (Non-Related)
21%
Other Liabilities
4%
Payables & Accruals
2%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,408,953
$4,102,164
-7%
Receivables (Non-Related)
$27,655
$31,112
+13%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,905
$11,894
+524%
Investments
$3,457,005
$3,457,005
+0%
Property, Plant, & Equipment (net)
$33,257,787
$31,838,375
-4%
Other Assets
$129,307
$101,741
-21%
Total Assets
$41,282,612
$39,542,291
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$816,269
$897,154
+10%
Grants Payable
-
-
-
Deferred Revenue
$593,096
$37,613
-94%
Tax-Exempt Bond Liabilities
$35,940,000
$34,080,000
-5%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$10,958,197
$9,699,019
-11%
Related-Party Payables
-
-
-
Other Liabilities
$2,168,704
$2,003,948
-8%
Total Liabilities
$50,476,266
$46,717,734
-7%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$9,193,654
-$7,175,443
+22%
Net assets
2023
2024
Change
Net assets
-$9,193,654
-$7,175,443
+22%