Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$28,525,914
Property, Plant, & Equipment (net)
42%
Cash & Equivalents
29%
Receivables (Non-Related)
17%
Investments
11%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$11,106,500
Tax-Exempt Bond Liabilities
66%
Payables & Accruals
28%
Deferred Revenue
6%
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
$7,987,366
$8,341,377
+4%
Receivables (Non-Related)
$2,253,949
$4,741,757
+110%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$302,733
$243,367
-20%
Investments
$2,863,388
$3,212,323
+12%
Property, Plant, & Equipment (net)
$12,164,368
$11,916,836
-2%
Other Assets
$61,394
$70,254
+14%
Total Assets
$25,633,198
$28,525,914
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$2,117,742
$3,107,535
+47%
Grants Payable
-
-
-
Deferred Revenue
$526,378
$632,004
+20%
Tax-Exempt Bond Liabilities
$7,764,858
$7,366,961
-5%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$10,408,978
$11,106,500
+7%
Net assets
2023
2024
Change
Restricted Net Assets
$305,185
$346,990
+14%
Unrestricted Net Assets
$14,919,035
$17,072,424
+14%
Net assets
2023
2024
Change
Net assets
+$15,224,220
+$17,419,414
+14%