Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$76,540,014
Property, Plant, & Equipment (net)
52%
Investments
39%
Cash & Equivalents
7%
Receivables (Non-Related)
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$6,843,481
Deferred Revenue
63%
Payables & Accruals
33%
Tax-Exempt Bond Liabilities
4%
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
$4,409,727
$5,524,365
+25%
Receivables (Non-Related)
$836,789
$678,211
-19%
Related-Party Receivables
$25,000
$0
-100%
Inventories
$71,767
$63,255
-12%
Prepaid Expenses
$106,872
$82,285
-23%
Investments
$25,950,130
$29,558,197
+14%
Property, Plant, & Equipment (net)
$41,114,921
$40,146,687
-2%
Other Assets
$570,603
$487,014
-15%
Total Assets
$73,085,809
$76,540,014
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$2,303,991
$2,241,389
-3%
Grants Payable
-
-
-
Deferred Revenue
$2,590,756
$4,299,266
+66%
Tax-Exempt Bond Liabilities
$522,049
$302,826
-42%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$5,416,796
$6,843,481
+26%
Net assets
2023
2024
Change
Restricted Net Assets
$22,804,974
$25,908,498
+14%
Unrestricted Net Assets
$44,864,039
$43,788,035
-2%
Net assets
2023
2024
Change
Net assets
+$67,669,013
+$69,696,533
+3%