Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$36,229,408
Property, Plant, & Equipment (net)
83%
Other Assets
8%
Investments
4%
Receivables (Non-Related)
4%
Prepaid Expenses
<1%
Cash & Equivalents
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$55,157,940
Tax-Exempt Bond Liabilities
51%
Deferred Revenue
41%
Other Liabilities
6%
Payables & Accruals
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$41,214
$42,316
+3%
Receivables (Non-Related)
$871,816
$1,351,013
+55%
Related-Party Receivables
-
-
-
Inventories
$35,175
$33,416
-5%
Prepaid Expenses
$66,609
$87,499
+31%
Investments
$1,488,277
$1,597,004
+7%
Property, Plant, & Equipment (net)
$24,771,500
$30,044,253
+21%
Other Assets
$3,430,109
$3,073,907
-10%
Total Assets
$30,704,700
$36,229,408
+18%
Liabilities
2023
2024
Change
Payables & Accruals
$2,221,568
$1,073,968
-52%
Grants Payable
-
-
-
Deferred Revenue
$21,749,239
$22,736,857
+5%
Tax-Exempt Bond Liabilities
$21,957,426
$28,042,371
+28%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$3,128,598
$3,304,744
+6%
Total Liabilities
$49,056,831
$55,157,940
+12%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$18,352,131
-$18,928,532
-3%
Net assets
2023
2024
Change
Net assets
-$18,352,131
-$18,928,532
-3%