Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$76,439,500
Receivables (Non-Related)
58%
Property, Plant, & Equipment (net)
25%
Other Assets
15%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$31,943,529
Notes Payable / Debt (Non-Related)
73%
Deferred Revenue
12%
Payables & Accruals
6%
Other Liabilities
6%
Tax-Exempt Bond Liabilities
3%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,342,837
$1,376,866
+3%
Receivables (Non-Related)
$38,186,523
$44,706,172
+17%
Related-Party Receivables
-
-
-
Inventories
$15,000
-
-
Prepaid Expenses
$201,277
$144,385
-28%
Investments
-
-
-
Property, Plant, & Equipment (net)
$18,542,959
$18,848,707
+2%
Other Assets
$11,764,909
$11,363,370
-3%
Total Assets
$70,053,505
$76,439,500
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$1,682,245
$1,955,151
+16%
Grants Payable
-
-
-
Deferred Revenue
$3,972,528
$3,972,528
+0%
Tax-Exempt Bond Liabilities
$1,134,307
$1,038,989
-8%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$20,114,762
$23,177,924
+15%
Related-Party Payables
-
-
-
Other Liabilities
$3,196,794
$1,798,937
-44%
Total Liabilities
$30,100,636
$31,943,529
+6%
Net assets
2023
2024
Change
Restricted Net Assets
$243,092
$591,294
+143%
Unrestricted Net Assets
$39,709,777
$43,904,677
+11%
Net assets
2023
2024
Change
Net assets
+$39,952,869
+$44,495,971
+11%