Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$94,454,615
Property, Plant, & Equipment (net)
80%
Cash & Equivalents
12%
Receivables (Non-Related)
7%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$87,239,125
Tax-Exempt Bond Liabilities
64%
Notes Payable / Debt (Non-Related)
33%
Payables & Accruals
3%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$22,158,607
$11,792,021
-47%
Receivables (Non-Related)
$6,826,933
$6,493,783
-5%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$180,270
$213,811
+19%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$75,958,489
$75,955,000
0%
Other Assets
$56,080
$0
-100%
Total Assets
$105,180,379
$94,454,615
-10%
Liabilities
2023
2024
Change
Payables & Accruals
$9,955,157
$2,785,053
-72%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$56,669,982
$55,967,224
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$29,281,359
$28,486,848
-3%
Related-Party Payables
-
-
-
Other Liabilities
$61,322
-
-
Total Liabilities
$95,967,820
$87,239,125
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$16,097,383
$11,374,025
-29%
Unrestricted Net Assets
-$6,884,824
-$4,158,535
+40%
Net assets
2023
2024
Change
Net assets
+$9,212,559
+$7,215,490
-22%