Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$46,509,760
Property, Plant, & Equipment (net)
42%
Investments
32%
Cash & Equivalents
18%
Receivables (Non-Related)
6%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$21,621,728
Tax-Exempt Bond Liabilities
60%
Deferred Revenue
30%
Payables & Accruals
7%
Notes Payable / Debt (Non-Related)
1%
Other Liabilities
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,841,606
$8,430,456
+8%
Receivables (Non-Related)
$2,771,937
$2,624,553
-5%
Related-Party Receivables
$0
$0
-
Inventories
$38,913
$43,197
+11%
Prepaid Expenses
$279,790
$292,175
+4%
Investments
$15,158,831
$15,084,896
0%
Property, Plant, & Equipment (net)
$17,636,378
$19,742,042
+12%
Other Assets
$172,099
$292,441
+70%
Total Assets
$43,899,554
$46,509,760
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$2,279,641
$1,599,161
-30%
Grants Payable
$0
$0
-
Deferred Revenue
$6,749,518
$6,572,444
-3%
Tax-Exempt Bond Liabilities
$13,587,786
$13,076,917
-4%
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$124,213
$295,803
+138%
Related-Party Payables
$0
$0
-
Other Liabilities
$79,134
$77,403
-2%
Total Liabilities
$22,820,292
$21,621,728
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$6,037,005
$6,509,285
+8%
Unrestricted Net Assets
$15,042,257
$18,378,747
+22%
Net assets
2023
2024
Change
Net assets
+$21,079,262
+$24,888,032
+18%