Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$193,765,078
Property, Plant, & Equipment (net)
68%
Other Assets
28%
Cash & Equivalents
3%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$201,481,190
Deferred Revenue
61%
Tax-Exempt Bond Liabilities
30%
Other Liabilities
8%
Payables & Accruals
1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,223,695
$5,626,815
+8%
Receivables (Non-Related)
$2,300,792
$1,577,423
-31%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$651,559
$751,728
+15%
Investments
$701,009
$0
-100%
Property, Plant, & Equipment (net)
$130,715,386
$131,826,477
+1%
Other Assets
$40,255,033
$53,982,635
+34%
Total Assets
$179,847,474
$193,765,078
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$2,962,965
$2,964,454
+0%
Grants Payable
-
-
-
Deferred Revenue
$119,821,346
$122,251,671
+2%
Tax-Exempt Bond Liabilities
$57,735,313
$60,212,087
+4%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$30,103
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
$6,126,118
$16,052,978
+162%
Total Liabilities
$186,675,845
$201,481,190
+8%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$6,828,371
-$7,716,112
-13%
Net assets
2023
2024
Change
Net assets
-$6,828,371
-$7,716,112
-13%