Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$140,787,498
Property, Plant, & Equipment (net)
38%
Investments
27%
Cash & Equivalents
25%
Receivables (Non-Related)
8%
Prepaid Expenses
1%
Inventories
1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$47,534,632
Notes Payable / Debt (Non-Related)
60%
Tax-Exempt Bond Liabilities
22%
Payables & Accruals
12%
Other Liabilities
6%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$25,357,331
$34,991,823
+38%
Receivables (Non-Related)
$9,916,775
$10,617,921
+7%
Related-Party Receivables
-
-
-
Inventories
$1,318,834
$1,479,917
+12%
Prepaid Expenses
$2,273,522
$2,025,123
-11%
Investments
$33,926,690
$37,473,205
+10%
Property, Plant, & Equipment (net)
$55,499,384
$52,858,981
-5%
Other Assets
$1,298,017
$1,340,528
+3%
Total Assets
$129,590,553
$140,787,498
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$4,290,574
$5,936,995
+38%
Grants Payable
-
-
-
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
$10,909,225
$10,391,832
-5%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$29,125,342
$28,364,403
-3%
Related-Party Payables
-
-
-
Other Liabilities
$934,882
$2,841,402
+204%
Total Liabilities
$45,260,023
$47,534,632
+5%
Net assets
2023
2024
Change
Restricted Net Assets
$3,705,288
$3,100,304
-16%
Unrestricted Net Assets
$80,625,242
$90,152,562
+12%
Net assets
2023
2024
Change
Net assets
+$84,330,530
+$93,252,866
+11%