Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$60,033,360
Property, Plant, & Equipment (net)
75%
Other Assets
18%
Cash & Equivalents
4%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$68,676,071
Tax-Exempt Bond Liabilities
86%
Notes Payable / Debt (Non-Related)
7%
Payables & Accruals
7%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,374,838
$2,532,671
+7%
Receivables (Non-Related)
$2,517,263
$1,116,877
-56%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$54,745
$259,896
+375%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$46,830,527
$45,187,061
-4%
Other Assets
$10,829,247
$10,936,855
+1%
Total Assets
$62,606,620
$60,033,360
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$3,952,778
$4,545,148
+15%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$58,606,246
$59,220,578
+1%
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$4,690,000
$4,690,000
+0%
Related-Party Payables
$0
$0
-
Other Liabilities
$300,268
$220,345
-27%
Total Liabilities
$67,549,292
$68,676,071
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$244,273
$244,273
+0%
Unrestricted Net Assets
-$5,186,945
-$8,886,984
-71%
Net assets
2023
2024
Change
Net assets
-$4,942,672
-$8,642,711
-75%