Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$61,380,576
Investments
59%
Property, Plant, & Equipment (net)
33%
Cash & Equivalents
7%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$27,426,098
Notes Payable / Debt (Non-Related)
71%
Deferred Revenue
13%
Payables & Accruals
6%
Tax-Exempt Bond Liabilities
5%
Other Liabilities
5%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,914,215
$4,419,530
+13%
Receivables (Non-Related)
$983,242
$764,669
-22%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$26,271
$28,724
+9%
Investments
$36,043,669
$36,213,700
+0%
Property, Plant, & Equipment (net)
$15,314,102
$19,952,527
+30%
Other Assets
$75,800
$1,426
-98%
Total Assets
$56,357,299
$61,380,576
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$785,176
$1,662,005
+112%
Grants Payable
-
-
-
Deferred Revenue
$3,697,751
$3,569,692
-3%
Tax-Exempt Bond Liabilities
$21,387
$1,404,071
+6465%
Custodial & Escrow Liabilities
$9,918
$9,021
-9%
Notes Payable / Debt (Non-Related)
$19,665,328
$19,513,108
-1%
Related-Party Payables
-
-
-
Other Liabilities
$1,003,685
$1,268,201
+26%
Total Liabilities
$25,183,245
$27,426,098
+9%
Net assets
2023
2024
Change
Restricted Net Assets
$369,583
$282,000
-24%
Unrestricted Net Assets
$30,804,471
$33,672,478
+9%
Net assets
2023
2024
Change
Net assets
+$31,174,054
+$33,954,478
+9%