Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$416,171,400
Property, Plant, & Equipment (net)
58%
Investments
26%
Cash & Equivalents
11%
Receivables (Non-Related)
4%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$292,795,542
Deferred Revenue
59%
Tax-Exempt Bond Liabilities
29%
Payables & Accruals
6%
Notes Payable / Debt (Non-Related)
5%
Other Liabilities
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$27,554,217
$46,658,502
+69%
Receivables (Non-Related)
$8,787,837
$18,203,532
+107%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$1,165,470
$1,099,300
-6%
Investments
$116,413,627
$106,327,379
-9%
Property, Plant, & Equipment (net)
$227,196,419
$241,961,721
+6%
Other Assets
$2,850,877
$1,920,966
-33%
Total Assets
$383,968,447
$416,171,400
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$13,077,163
$18,911,922
+45%
Grants Payable
-
-
-
Deferred Revenue
$163,737,954
$172,265,070
+5%
Tax-Exempt Bond Liabilities
$87,796,177
$84,480,741
-4%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$15,916,130
$14,879,449
-7%
Related-Party Payables
$0
$0
-
Other Liabilities
$1,816,338
$2,258,360
+24%
Total Liabilities
$282,343,762
$292,795,542
+4%
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
+$101,624,685
+$123,375,858
+21%