Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$70,205,827
Property, Plant, & Equipment (net)
69%
Cash & Equivalents
17%
Investments
11%
Receivables (Non-Related)
1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
<1%
Inventories
<1%
Liabilities in 2024 (Year End)
$23,359,164
Notes Payable / Debt (Non-Related)
57%
Deferred Revenue
34%
Payables & Accruals
8%
Other Liabilities
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$10,928,715
$12,250,375
+12%
Receivables (Non-Related)
$1,717,833
$763,382
-56%
Related-Party Receivables
$129,546
$87,775
-32%
Inventories
-
$5,819
-
Prepaid Expenses
$146,242
$219,546
+50%
Investments
$6,997,970
$7,921,203
+13%
Property, Plant, & Equipment (net)
$50,196,583
$48,635,191
-3%
Other Assets
$5,819
$322,536
+5443%
Total Assets
$70,122,708
$70,205,827
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$1,655,761
$1,828,371
+10%
Grants Payable
-
-
-
Deferred Revenue
$7,604,717
$7,940,952
+4%
Tax-Exempt Bond Liabilities
$13,841,825
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$13,267,305
-
Related-Party Payables
-
$0
-
Other Liabilities
-
$322,536
-
Total Liabilities
$23,102,303
$23,359,164
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$8,840,985
$9,000,205
+2%
Unrestricted Net Assets
$38,179,420
$37,846,458
-1%
Net assets
2023
2024
Change
Net assets
+$47,020,405
+$46,846,663
0%