Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$58,998,952
Property, Plant, & Equipment (net)
53%
Cash & Equivalents
29%
Investments
13%
Other Assets
3%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$32,043,922
Deferred Revenue
48%
Notes Payable / Debt (Non-Related)
46%
Payables & Accruals
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$20,169,762
$16,845,200
-16%
Receivables (Non-Related)
$1,187,542
$1,152,547
-3%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$609,073
$461,627
-24%
Investments
$104,788
$7,537,463
+7093%
Property, Plant, & Equipment (net)
$31,587,058
$31,219,514
-1%
Other Assets
$1,766,154
$1,782,601
+1%
Total Assets
$55,424,377
$58,998,952
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$957,947
$1,823,758
+90%
Grants Payable
-
-
-
Deferred Revenue
$13,476,986
$15,399,217
+14%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$15,176,113
$14,820,947
-2%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$29,611,046
$32,043,922
+8%
Net assets
2023
2024
Change
Restricted Net Assets
$1,409,108
-
-
Unrestricted Net Assets
$24,404,223
$26,955,030
+10%
Net assets
2023
2024
Change
Net assets
+$25,813,331
+$26,955,030
+4%