Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$69,925,703
Property, Plant, & Equipment (net)
61%
Cash & Equivalents
35%
Receivables (Non-Related)
3%
Prepaid Expenses
1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$49,891,955
Tax-Exempt Bond Liabilities
91%
Deferred Revenue
7%
Payables & Accruals
2%
Other Liabilities
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$20,775,491
$24,413,170
+18%
Receivables (Non-Related)
$2,701,084
$2,037,587
-25%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,223,454
$878,178
-28%
Investments
-
-
-
Property, Plant, & Equipment (net)
$43,483,464
$42,552,866
-2%
Other Assets
$51,957
$43,902
-16%
Total Assets
$68,235,450
$69,925,703
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$1,202,255
$903,491
-25%
Grants Payable
-
-
-
Deferred Revenue
$3,490,557
$3,382,668
-3%
Tax-Exempt Bond Liabilities
$45,585,000
$45,570,863
0%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$323,851
$34,933
-89%
Total Liabilities
$50,601,663
$49,891,955
-1%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$17,633,787
$20,033,748
+14%
Net assets
2023
2024
Change
Net assets
+$17,633,787
+$20,033,748
+14%