Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$28,827,421
Property, Plant, & Equipment (net)
78%
Investments
15%
Receivables (Non-Related)
3%
Cash & Equivalents
3%
Other Assets
<1%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$32,925,233
Tax-Exempt Bond Liabilities
55%
Deferred Revenue
24%
Other Liabilities
12%
Payables & Accruals
10%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$706,378
$845,096
+20%
Receivables (Non-Related)
$927,246
$938,355
+1%
Related-Party Receivables
-
-
-
Inventories
$88,755
$88,909
+0%
Prepaid Expenses
$59,841
$42,546
-29%
Investments
$2,480,293
$4,423,177
+78%
Property, Plant, & Equipment (net)
$21,015,350
$22,352,639
+6%
Other Assets
$2,808,604
$136,699
-95%
Total Assets
$28,086,467
$28,827,421
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$2,506,907
$3,190,361
+27%
Grants Payable
-
-
-
Deferred Revenue
$6,923,635
$7,806,222
+13%
Tax-Exempt Bond Liabilities
$18,780,378
$18,053,533
-4%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$3,542,612
$3,875,117
+9%
Total Liabilities
$31,753,532
$32,925,233
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$414,716
$339,638
-18%
Unrestricted Net Assets
-$4,081,781
-$4,437,450
-9%
Net assets
2023
2024
Change
Net assets
-$3,667,065
-$4,097,812
-12%