Balance Sheet

Fiscal Year: 2024
Sep 1, 2023 – Aug 31, 2024
Assets in 2024 (Year End)
$19,696,241
Property, Plant, & Equipment (net)
65%
Cash & Equivalents
27%
Investments
7%
Prepaid Expenses
<1%
Other Assets
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$16,858,180
Tax-Exempt Bond Liabilities
77%
Deferred Revenue
21%
Payables & Accruals
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,920,980
$5,221,776
-34%
Receivables (Non-Related)
$82,159
$83,355
+1%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$112,974
$116,127
+3%
Investments
$1,409,746
$1,383,720
-2%
Property, Plant, & Equipment (net)
$13,212,481
$12,805,680
-3%
Other Assets
$85,583
$85,583
+0%
Total Assets
$22,823,923
$19,696,241
-14%
Liabilities
2023
2024
Change
Payables & Accruals
$423,598
$405,432
-4%
Grants Payable
-
-
-
Deferred Revenue
$3,154,341
$3,479,048
+10%
Tax-Exempt Bond Liabilities
$16,054,516
$12,973,700
-19%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$19,632,455
$16,858,180
-14%
Net assets
2023
2024
Change
Restricted Net Assets
$538,114
$483,831
-10%
Unrestricted Net Assets
$2,653,354
$2,354,230
-11%
Net assets
2023
2024
Change
Net assets
+$3,191,468
+$2,838,061
-11%