Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$99,293,729
Property, Plant, & Equipment (net)
84%
Other Assets
15%
Cash & Equivalents
1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$118,149,517
Notes Payable / Debt (Non-Related)
53%
Other Liabilities
25%
Deferred Revenue
19%
Payables & Accruals
2%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$915,085
$1,418,829
+55%
Receivables (Non-Related)
$52,215
$45,931
-12%
Related-Party Receivables
$0
-
-
Inventories
$0
-
-
Prepaid Expenses
$25,476
$103,011
+304%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$85,405,377
$83,242,120
-3%
Other Assets
$28,246,394
$14,483,838
-49%
Total Assets
$114,644,547
$99,293,729
-13%
Liabilities
2023
2024
Change
Payables & Accruals
$3,305,196
$2,186,575
-34%
Grants Payable
$0
-
-
Deferred Revenue
$22,147,646
$22,788,738
+3%
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$865,681
$1,079,085
+25%
Notes Payable / Debt (Non-Related)
$77,003,776
$62,996,522
-18%
Related-Party Payables
$0
-
-
Other Liabilities
$25,488,431
$29,098,597
+14%
Total Liabilities
$128,810,730
$118,149,517
-8%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
-$14,166,183
-$18,855,788
-33%