Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$46,684,078
Property, Plant, & Equipment (net)
42%
Investments
36%
Cash & Equivalents
16%
Receivables (Non-Related)
5%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$10,596,670
Notes Payable / Debt (Non-Related)
61%
Deferred Revenue
27%
Payables & Accruals
12%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,719,630
$7,277,445
+27%
Receivables (Non-Related)
$2,389,347
$2,162,416
-9%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$205,368
$218,070
+6%
Investments
$15,476,315
$16,813,037
+9%
Property, Plant, & Equipment (net)
$14,448,638
$19,779,489
+37%
Other Assets
$433,621
$433,621
+0%
Total Assets
$38,672,919
$46,684,078
+21%
Liabilities
2023
2024
Change
Payables & Accruals
$1,438,504
$1,247,632
-13%
Grants Payable
-
-
-
Deferred Revenue
$2,917,701
$2,878,768
-1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$600,549
$6,470,270
+977%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$4,956,754
$10,596,670
+114%
Net assets
2023
2024
Change
Restricted Net Assets
$15,973,614
$11,550,011
-28%
Unrestricted Net Assets
$17,742,551
$24,537,397
+38%
Net assets
2023
2024
Change
Net assets
+$33,716,165
+$36,087,408
+7%