Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$22,358,137
Investments
51%
Property, Plant, & Equipment (net)
30%
Cash & Equivalents
12%
Receivables (Non-Related)
4%
Prepaid Expenses
3%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$8,114,014
Deferred Revenue
46%
Tax-Exempt Bond Liabilities
44%
Payables & Accruals
10%
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
$2,754,264
$2,583,624
-6%
Receivables (Non-Related)
$1,323,171
$973,457
-26%
Related-Party Receivables
-
-
-
Inventories
$159,788
$172,191
+8%
Prepaid Expenses
$500,451
$623,768
+25%
Investments
$10,510,654
$11,396,875
+8%
Property, Plant, & Equipment (net)
$6,798,928
$6,608,222
-3%
Other Assets
$316,576
-
-
Total Assets
$22,363,832
$22,358,137
0%
Liabilities
2023
2024
Change
Payables & Accruals
$874,378
$849,873
-3%
Grants Payable
-
-
-
Deferred Revenue
$3,423,105
$3,707,877
+8%
Tax-Exempt Bond Liabilities
$5,177,522
$3,545,042
-32%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$11,222
-
Total Liabilities
$9,475,005
$8,114,014
-14%
Net assets
2023
2024
Change
Restricted Net Assets
$801,798
$1,286,419
+60%
Unrestricted Net Assets
$12,087,029
$12,957,704
+7%
Net assets
2023
2024
Change
Net assets
+$12,888,827
+$14,244,123
+11%