Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$32,669,436
Property, Plant, & Equipment (net)
59%
Cash & Equivalents
32%
Other Assets
5%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$27,062,130
Tax-Exempt Bond Liabilities
81%
Notes Payable / Debt (Non-Related)
8%
Payables & Accruals
5%
Deferred Revenue
4%
Grants Payable
1%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$11,255,393
$10,445,712
-7%
Receivables (Non-Related)
$2,058,439
$1,059,604
-49%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$343,938
$172,498
-50%
Investments
-
-
-
Property, Plant, & Equipment (net)
$19,515,265
$19,219,425
-2%
Other Assets
$1,788,000
$1,772,197
-1%
Total Assets
$34,961,035
$32,669,436
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$1,835,460
$1,410,014
-23%
Grants Payable
$344,077
$273,435
-21%
Deferred Revenue
$2,489,250
$1,197,467
-52%
Tax-Exempt Bond Liabilities
$22,564,896
$22,021,088
-2%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,576,772
$2,160,126
-16%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$29,810,455
$27,062,130
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$8,999
$8,999
+0%
Unrestricted Net Assets
$5,141,581
$5,598,307
+9%
Net assets
2023
2024
Change
Net assets
+$5,150,580
+$5,607,306
+9%