Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$152,539,839
Investments
52%
Cash & Equivalents
21%
Property, Plant, & Equipment (net)
17%
Receivables (Non-Related)
5%
Other Assets
4%
Prepaid Expenses
1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$35,781,512
Tax-Exempt Bond Liabilities
66%
Payables & Accruals
23%
Deferred Revenue
11%
Other Liabilities
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$42,971,905
$31,513,836
-27%
Receivables (Non-Related)
$9,762,073
$7,570,709
-22%
Related-Party Receivables
-
-
-
Inventories
$943,470
$585,926
-38%
Prepaid Expenses
$1,113,974
$1,678,568
+51%
Investments
$63,736,620
$79,698,454
+25%
Property, Plant, & Equipment (net)
$27,449,192
$26,116,833
-5%
Other Assets
$3,050,654
$5,375,513
+76%
Total Assets
$149,027,888
$152,539,839
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$8,459,004
$8,329,176
-2%
Grants Payable
-
-
-
Deferred Revenue
$5,044,292
$3,861,217
-23%
Tax-Exempt Bond Liabilities
$24,207,506
$23,552,516
-3%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$32,094
$38,603
+20%
Total Liabilities
$37,742,896
$35,781,512
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$1,905,459
$2,068,198
+9%
Unrestricted Net Assets
$109,379,533
$114,690,129
+5%
Net assets
2023
2024
Change
Net assets
+$111,284,992
+$116,758,327
+5%