Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$111,805,869
Other Assets
40%
Receivables (Non-Related)
32%
Property, Plant, & Equipment (net)
20%
Cash & Equivalents
8%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$137,055,911
Other Liabilities
77%
Deferred Revenue
22%
Payables & Accruals
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,594,508
$8,487,305
+12%
Receivables (Non-Related)
$35,650,430
$35,704,062
+0%
Related-Party Receivables
-
-
-
Inventories
$5,883
$8,548
+45%
Prepaid Expenses
$213,519
$875,246
+310%
Investments
-
-
-
Property, Plant, & Equipment (net)
$19,870,339
$22,351,247
+12%
Other Assets
$48,461,197
$44,379,461
-8%
Total Assets
$111,795,876
$111,805,869
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$1,074,751
$1,326,720
+23%
Grants Payable
-
-
-
Deferred Revenue
$29,863,259
$30,792,566
+3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$105,873,390
$104,936,625
-1%
Total Liabilities
$136,811,400
$137,055,911
+0%
Net assets
2023
2024
Change
Restricted Net Assets
$2,741
$2,441
-11%
Unrestricted Net Assets
-$25,018,265
-$25,252,483
-1%
Net assets
2023
2024
Change
Net assets
-$25,015,524
-$25,250,042
-1%