Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$94,078,881
Property, Plant, & Equipment (net)
70%
Other Assets
11%
Investments
10%
Cash & Equivalents
7%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$74,263,018
Deferred Revenue
37%
Notes Payable / Debt (Non-Related)
22%
Tax-Exempt Bond Liabilities
21%
Other Liabilities
17%
Payables & Accruals
3%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,578,566
$6,729,241
+21%
Receivables (Non-Related)
$2,177,819
$1,526,639
-30%
Related-Party Receivables
-
-
-
Inventories
$265,000
$199,402
-25%
Prepaid Expenses
$438,612
$318,663
-27%
Investments
$15,100,000
$9,000,000
-40%
Property, Plant, & Equipment (net)
$73,281,581
$65,658,906
-10%
Other Assets
$13,309,368
$10,646,030
-20%
Total Assets
$110,150,946
$94,078,881
-15%
Liabilities
2023
2024
Change
Payables & Accruals
$1,556,146
$2,000,209
+29%
Grants Payable
-
-
-
Deferred Revenue
$33,587,942
$27,561,439
-18%
Tax-Exempt Bond Liabilities
$15,674,723
$15,680,675
+0%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$18,519,766
$16,187,567
-13%
Related-Party Payables
-
-
-
Other Liabilities
$15,490,617
$12,833,128
-17%
Total Liabilities
$84,829,194
$74,263,018
-12%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$25,321,752
$19,815,863
-22%
Net assets
2023
2024
Change
Net assets
+$25,321,752
+$19,815,863
-22%