Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$80,866,635
Investments
73%
Property, Plant, & Equipment (net)
8%
Receivables (Non-Related)
7%
Prepaid Expenses
5%
Other Assets
4%
Cash & Equivalents
3%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$37,368,912
Notes Payable / Debt (Non-Related)
35%
Deferred Revenue
35%
Payables & Accruals
22%
Other Liabilities
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,055,903
$2,602,613
-15%
Receivables (Non-Related)
$6,072,171
$5,324,767
-12%
Related-Party Receivables
-
-
-
Inventories
$41,011
$46,544
+13%
Prepaid Expenses
$2,571,070
$3,997,579
+55%
Investments
$56,482,364
$59,387,914
+5%
Property, Plant, & Equipment (net)
$6,273,748
$6,474,108
+3%
Other Assets
$3,680,119
$3,033,110
-18%
Total Assets
$78,176,386
$80,866,635
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$8,244,988
$8,119,055
-2%
Grants Payable
-
-
-
Deferred Revenue
$9,221,973
$13,134,507
+42%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,500,000
$13,250,000
+141%
Related-Party Payables
-
-
-
Other Liabilities
$5,978,942
$2,865,350
-52%
Total Liabilities
$28,945,903
$37,368,912
+29%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$49,230,483
$43,497,723
-12%
Net assets
2023
2024
Change
Net assets
+$49,230,483
+$43,497,723
-12%