Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$30,599,926
Property, Plant, & Equipment (net)
62%
Investments
27%
Other Assets
9%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Cash & Equivalents
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$41,386,107
Tax-Exempt Bond Liabilities
60%
Deferred Revenue
36%
Payables & Accruals
3%
Other Liabilities
1%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$78,727
$24,825
-68%
Receivables (Non-Related)
$413,000
$147,715
-64%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$284,994
$323,303
+13%
Investments
$7,828,763
$8,405,280
+7%
Property, Plant, & Equipment (net)
$19,672,699
$18,967,228
-4%
Other Assets
$2,528,683
$2,731,575
+8%
Total Assets
$30,806,866
$30,599,926
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$1,176,515
$1,088,910
-7%
Grants Payable
-
-
-
Deferred Revenue
$14,841,592
$15,095,795
+2%
Tax-Exempt Bond Liabilities
$25,077,255
$24,629,363
-2%
Custodial & Escrow Liabilities
$49,690
$89,361
+80%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$735,893
$482,678
-34%
Total Liabilities
$41,880,945
$41,386,107
-1%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$11,074,079
-$10,786,181
+3%
Net assets
2023
2024
Change
Net assets
-$11,074,079
-$10,786,181
+3%