Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$25,616,183
Property, Plant, & Equipment (net)
60%
Other Assets
20%
Investments
14%
Receivables (Non-Related)
5%
Prepaid Expenses
<1%
Cash & Equivalents
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$29,954,191
Tax-Exempt Bond Liabilities
69%
Other Liabilities
16%
Payables & Accruals
12%
Deferred Revenue
3%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$116,235
$52,351
-55%
Receivables (Non-Related)
$768,531
$1,223,365
+59%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$103,227
$107,156
+4%
Investments
$3,388,907
$3,707,554
+9%
Property, Plant, & Equipment (net)
$16,176,083
$15,433,913
-5%
Other Assets
$4,885,972
$5,091,844
+4%
Total Assets
$25,438,955
$25,616,183
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$3,381,921
$3,479,031
+3%
Grants Payable
-
-
-
Deferred Revenue
$846,656
$964,698
+14%
Tax-Exempt Bond Liabilities
$20,953,777
$20,572,310
-2%
Custodial & Escrow Liabilities
$265,159
$214,523
-19%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$3,317,431
$4,723,629
+42%
Total Liabilities
$28,764,944
$29,954,191
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$4,912,786
$5,202,024
+6%
Unrestricted Net Assets
-$8,238,775
-$9,540,032
-16%
Net assets
2023
2024
Change
Net assets
-$3,325,989
-$4,338,008
-30%