Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$4,944,755
Property, Plant, & Equipment (net)
83%
Cash & Equivalents
13%
Other Assets
2%
Receivables (Non-Related)
1%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$5,477,074
Notes Payable / Debt (Non-Related)
55%
Deferred Revenue
43%
Payables & Accruals
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,543,845
$630,443
-59%
Receivables (Non-Related)
$98,360
$70,179
-29%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$14,640
$54,253
+271%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$4,141,368
$4,108,297
-1%
Other Assets
$0
$81,583
-
Total Assets
$5,798,213
$4,944,755
-15%
Liabilities
2023
2024
Change
Payables & Accruals
$149,811
$142,484
-5%
Grants Payable
$0
$0
-
Deferred Revenue
$2,566,680
$2,328,547
-9%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$3,065,539
$3,006,043
-2%
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$5,782,030
$5,477,074
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$28,808
$51,010
+77%
Unrestricted Net Assets
-$12,625
-$583,329
-4520%
Net assets
2023
2024
Change
Net assets
+$16,183
-$532,319
-3389%