Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$70,268,913
Property, Plant, & Equipment (net)
76%
Other Assets
19%
Cash & Equivalents
4%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$20,181,079
Notes Payable / Debt (Non-Related)
53%
Deferred Revenue
37%
Other Liabilities
5%
Payables & Accruals
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,419,334
$2,946,458
-14%
Receivables (Non-Related)
$0
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$123,648
$124,020
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$54,768,590
$53,693,395
-2%
Other Assets
$14,164,245
$13,505,040
-5%
Total Assets
$72,475,817
$70,268,913
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$812,994
$869,767
+7%
Grants Payable
-
-
-
Deferred Revenue
$8,547,222
$7,547,222
-12%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$12,494,036
$10,714,090
-14%
Related-Party Payables
-
-
-
Other Liabilities
$1,050,000
$1,050,000
+0%
Total Liabilities
$22,904,252
$20,181,079
-12%
Net assets
2023
2024
Change
Restricted Net Assets
-
$0
-
Unrestricted Net Assets
$49,571,565
$50,087,834
+1%
Net assets
2023
2024
Change
Net assets
+$49,571,565
+$50,087,834
+1%