Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$28,025,443
Property, Plant, & Equipment (net)
78%
Investments
17%
Receivables (Non-Related)
3%
Cash & Equivalents
1%
Inventories
<1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$14,547,379
Other Liabilities
30%
Deferred Revenue
29%
Tax-Exempt Bond Liabilities
25%
Payables & Accruals
14%
Notes Payable / Debt (Non-Related)
2%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,293,196
$351,342
-73%
Receivables (Non-Related)
$156,399
$710,830
+354%
Related-Party Receivables
-
-
-
Inventories
$288,363
$224,736
-22%
Prepaid Expenses
$153,400
$177,750
+16%
Investments
$4,373,630
$4,791,364
+10%
Property, Plant, & Equipment (net)
$20,344,889
$21,756,565
+7%
Other Assets
$10,253
$12,856
+25%
Total Assets
$26,620,130
$28,025,443
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$1,786,943
$2,037,594
+14%
Grants Payable
-
-
-
Deferred Revenue
$4,082,784
$4,158,587
+2%
Tax-Exempt Bond Liabilities
$4,071,426
$3,672,197
-10%
Custodial & Escrow Liabilities
$10,253
$12,856
+25%
Notes Payable / Debt (Non-Related)
$276,787
$234,355
-15%
Related-Party Payables
-
-
-
Other Liabilities
$3,805,705
$4,431,790
+16%
Total Liabilities
$14,033,898
$14,547,379
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$29,219
$29,219
+0%
Unrestricted Net Assets
$12,557,013
$13,448,845
+7%
Net assets
2023
2024
Change
Net assets
+$12,586,232
+$13,478,064
+7%