Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$42,207,700
Property, Plant, & Equipment (net)
84%
Cash & Equivalents
13%
Other Assets
1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$35,842,831
Deferred Revenue
79%
Tax-Exempt Bond Liabilities
15%
Payables & Accruals
5%
Other Liabilities
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,486,488
$5,507,278
-15%
Receivables (Non-Related)
$495,600
$339,480
-32%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$172,631
$164,291
-5%
Investments
-
-
-
Property, Plant, & Equipment (net)
$33,811,161
$35,597,911
+5%
Other Assets
$716,962
$598,740
-16%
Total Assets
$41,682,842
$42,207,700
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$1,718,886
$1,905,023
+11%
Grants Payable
-
-
-
Deferred Revenue
$26,092,080
$28,415,640
+9%
Tax-Exempt Bond Liabilities
$6,353,407
$5,493,849
-14%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$143,343
$28,319
-80%
Total Liabilities
$34,307,716
$35,842,831
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$480,005
$372,375
-22%
Unrestricted Net Assets
$6,895,121
$5,992,494
-13%
Net assets
2023
2024
Change
Net assets
+$7,375,126
+$6,364,869
-14%