Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$27,452,389
Property, Plant, & Equipment (net)
66%
Investments
20%
Cash & Equivalents
13%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$17,172,724
Notes Payable / Debt (Non-Related)
54%
Deferred Revenue
41%
Payables & Accruals
5%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,068,467
$3,497,454
-31%
Receivables (Non-Related)
$106,810
$50,194
-53%
Related-Party Receivables
-
-
-
Inventories
$25,861
$43,954
+70%
Prepaid Expenses
$53,630
$200,513
+274%
Investments
$1,874,528
$5,544,125
+196%
Property, Plant, & Equipment (net)
$17,203,375
$18,081,441
+5%
Other Assets
$53,640
$34,708
-35%
Total Assets
$24,386,311
$27,452,389
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$569,828
$882,504
+55%
Grants Payable
-
-
-
Deferred Revenue
$6,327,182
$6,993,906
+11%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$9,625,948
$9,258,279
-4%
Related-Party Payables
-
-
-
Other Liabilities
$57,088
$38,035
-33%
Total Liabilities
$16,580,046
$17,172,724
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$141,531
$681,668
+382%
Unrestricted Net Assets
$7,664,734
$9,597,997
+25%
Net assets
2023
2024
Change
Net assets
+$7,806,265
+$10,279,665
+32%