Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$47,085,570
Receivables (Non-Related)
45%
Cash & Equivalents
19%
Investments
16%
Property, Plant, & Equipment (net)
15%
Inventories
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$21,060,314
Notes Payable / Debt (Non-Related)
93%
Deferred Revenue
5%
Payables & Accruals
2%
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
$14,724,269
$8,856,949
-40%
Receivables (Non-Related)
$18,012,554
$21,344,487
+18%
Related-Party Receivables
-
-
-
Inventories
$2,107,998
$2,397,490
+14%
Prepaid Expenses
$41,610
$18,030
-57%
Investments
$5,795,218
$7,425,025
+28%
Property, Plant, & Equipment (net)
$1,844,558
$7,043,589
+282%
Other Assets
-
-
-
Total Assets
$42,526,207
$47,085,570
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$306,003
$464,484
+52%
Grants Payable
$0
-
-
Deferred Revenue
$3,097,848
$1,095,830
-65%
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$0
-
-
Notes Payable / Debt (Non-Related)
$19,500,000
$19,500,000
+0%
Related-Party Payables
$0
-
-
Other Liabilities
-
-
-
Total Liabilities
$22,903,851
$21,060,314
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$1,340,633
$1,065,376
-21%
Unrestricted Net Assets
$18,281,723
$24,959,880
+37%
Net assets
2023
2024
Change
Net assets
+$19,622,356
+$26,025,256
+33%