Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$161,385,453
Investments
44%
Property, Plant, & Equipment (net)
30%
Cash & Equivalents
17%
Receivables (Non-Related)
6%
Prepaid Expenses
2%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$35,873,312
Deferred Revenue
69%
Tax-Exempt Bond Liabilities
18%
Payables & Accruals
8%
Other Liabilities
5%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$27,001,011
$28,106,326
+4%
Receivables (Non-Related)
$8,968,253
$9,194,791
+3%
Related-Party Receivables
-
-
-
Inventories
$133,966
$117,129
-13%
Prepaid Expenses
$3,322,445
$3,528,623
+6%
Investments
$67,972,745
$71,245,426
+5%
Property, Plant, & Equipment (net)
$47,201,580
$48,938,865
+4%
Other Assets
$238,556
$254,293
+7%
Total Assets
$154,838,556
$161,385,453
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$3,095,972
$2,956,085
-5%
Grants Payable
-
-
-
Deferred Revenue
$22,404,293
$24,623,656
+10%
Tax-Exempt Bond Liabilities
$7,081,586
$6,456,586
-9%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$499,520
$91,400
-82%
Related-Party Payables
-
-
-
Other Liabilities
$1,547,766
$1,745,585
+13%
Total Liabilities
$34,629,137
$35,873,312
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$66,210,524
$68,570,348
+4%
Unrestricted Net Assets
$53,998,895
$56,941,793
+5%
Net assets
2023
2024
Change
Net assets
+$120,209,419
+$125,512,141
+4%