Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$54,665,689
Property, Plant, & Equipment (net)
90%
Receivables (Non-Related)
5%
Other Assets
5%
Prepaid Expenses
<1%
Cash & Equivalents
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$60,624,875
Tax-Exempt Bond Liabilities
58%
Deferred Revenue
22%
Other Liabilities
13%
Notes Payable / Debt (Non-Related)
4%
Payables & Accruals
3%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$224,198
$175,097
-22%
Receivables (Non-Related)
$2,384,598
$2,682,406
+12%
Related-Party Receivables
-
-
-
Inventories
$48,076
$45,004
-6%
Prepaid Expenses
$230,836
$211,691
-8%
Investments
-
-
-
Property, Plant, & Equipment (net)
$50,830,964
$48,926,139
-4%
Other Assets
$2,916,661
$2,625,352
-10%
Total Assets
$56,635,333
$54,665,689
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$1,613,640
$1,880,899
+17%
Grants Payable
-
-
-
Deferred Revenue
$12,933,692
$13,181,008
+2%
Tax-Exempt Bond Liabilities
$36,218,350
$35,088,599
-3%
Custodial & Escrow Liabilities
$111,418
$114,590
+3%
Notes Payable / Debt (Non-Related)
$1,941,824
$2,446,611
+26%
Related-Party Payables
-
-
-
Other Liabilities
$8,252,561
$7,913,168
-4%
Total Liabilities
$61,071,485
$60,624,875
-1%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$4,436,152
-$5,959,186
-34%
Net assets
2023
2024
Change
Net assets
-$4,436,152
-$5,959,186
-34%