Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$219,120,501
Property, Plant, & Equipment (net)
48%
Investments
27%
Receivables (Non-Related)
7%
Other Assets
7%
Cash & Equivalents
5%
Prepaid Expenses
4%
Inventories
3%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$123,920,566
Notes Payable / Debt (Non-Related)
57%
Deferred Revenue
33%
Other Liabilities
6%
Payables & Accruals
4%
Grants Payable
<1%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$19,279,853
$11,089,561
-42%
Receivables (Non-Related)
$14,184,826
$15,349,910
+8%
Related-Party Receivables
$0
$0
-
Inventories
$4,369,109
$5,919,442
+35%
Prepaid Expenses
$7,053,218
$7,970,863
+13%
Investments
$41,177,017
$59,101,104
+44%
Property, Plant, & Equipment (net)
$104,664,564
$105,073,403
+0%
Other Assets
$14,359,423
$14,616,218
+2%
Total Assets
$205,088,010
$219,120,501
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$2,890,743
$4,525,784
+57%
Grants Payable
$0
$287,459
-
Deferred Revenue
$32,927,547
$41,025,203
+25%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$65,545,407
$70,907,809
+8%
Related-Party Payables
$0
$0
-
Other Liabilities
$6,055,529
$7,174,311
+18%
Total Liabilities
$107,419,226
$123,920,566
+15%
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
+$97,668,784
+$95,199,935
-3%