Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$20,484,093
Property, Plant, & Equipment (net)
89%
Receivables (Non-Related)
7%
Cash & Equivalents
2%
Investments
2%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$18,724,863
Tax-Exempt Bond Liabilities
47%
Deferred Revenue
29%
Notes Payable / Debt (Non-Related)
15%
Payables & Accruals
8%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,150,383
$391,985
-66%
Receivables (Non-Related)
$1,009,974
$1,355,289
+34%
Related-Party Receivables
-
-
-
Inventories
$22,289
$21,281
-5%
Prepaid Expenses
$54,657
$54,363
-1%
Investments
$125,995
$342,015
+171%
Property, Plant, & Equipment (net)
$19,940,707
$18,257,458
-8%
Other Assets
$170,160
$61,702
-64%
Total Assets
$22,474,165
$20,484,093
-9%
Liabilities
2023
2024
Change
Payables & Accruals
$1,781,514
$1,561,243
-12%
Grants Payable
-
-
-
Deferred Revenue
$5,683,989
$5,491,198
-3%
Tax-Exempt Bond Liabilities
$9,061,915
$8,831,033
-3%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,051,730
$2,841,389
-30%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$20,579,148
$18,724,863
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$725,793
$1,169,224
+61%
Unrestricted Net Assets
$1,169,224
$590,006
-50%
Net assets
2023
2024
Change
Net assets
+$1,895,017
+$1,759,230
-7%