Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$84,136,032
Investments
47%
Property, Plant, & Equipment (net)
40%
Cash & Equivalents
4%
Receivables (Non-Related)
4%
Other Assets
4%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$13,747,000
Tax-Exempt Bond Liabilities
32%
Payables & Accruals
29%
Other Liabilities
17%
Notes Payable / Debt (Non-Related)
16%
Deferred Revenue
7%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,693,183
$3,759,168
-20%
Receivables (Non-Related)
$2,938,307
$3,743,325
+27%
Related-Party Receivables
-
-
-
Inventories
$68,157
$34,963
-49%
Prepaid Expenses
$220,590
$313,122
+42%
Investments
$38,149,248
$39,222,632
+3%
Property, Plant, & Equipment (net)
$28,628,525
$33,335,436
+16%
Other Assets
$3,694,520
$3,727,386
+1%
Total Assets
$78,392,530
$84,136,032
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$1,368,715
$3,921,195
+186%
Grants Payable
-
-
-
Deferred Revenue
$823,713
$1,012,146
+23%
Tax-Exempt Bond Liabilities
$4,664,760
$4,357,543
-7%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,283,911
$2,184,640
-4%
Related-Party Payables
-
-
-
Other Liabilities
$3,160,505
$2,271,476
-28%
Total Liabilities
$12,301,604
$13,747,000
+12%
Net assets
2023
2024
Change
Restricted Net Assets
$31,848,116
$38,031,383
+19%
Unrestricted Net Assets
$34,242,810
$32,357,649
-6%
Net assets
2023
2024
Change
Net assets
+$66,090,926
+$70,389,032
+7%