Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$132,933,852
Property, Plant, & Equipment (net)
74%
Investments
22%
Cash & Equivalents
3%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$125,405,633
Tax-Exempt Bond Liabilities
66%
Deferred Revenue
25%
Other Liabilities
7%
Payables & Accruals
3%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,913,363
$4,037,000
+39%
Receivables (Non-Related)
$1,376,947
$1,329,398
-3%
Related-Party Receivables
-
-
-
Inventories
$65,991
$70,776
+7%
Prepaid Expenses
$462,898
$430,912
-7%
Investments
$27,641,873
$28,950,190
+5%
Property, Plant, & Equipment (net)
$101,558,804
$97,716,704
-4%
Other Assets
$362,914
$398,872
+10%
Total Assets
$134,382,790
$132,933,852
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$3,838,962
$3,213,560
-16%
Grants Payable
-
-
-
Deferred Revenue
$26,777,668
$31,573,843
+18%
Tax-Exempt Bond Liabilities
$87,393,793
$82,301,689
-6%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$6,656,776
$8,316,541
+25%
Total Liabilities
$124,667,199
$125,405,633
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$4,991,454
$5,276,519
+6%
Unrestricted Net Assets
$4,724,137
$2,251,700
-52%
Net assets
2023
2024
Change
Net assets
+$9,715,591
+$7,528,219
-23%