Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$111,474,729
Investments
32%
Property, Plant, & Equipment (net)
30%
Other Assets
22%
Receivables (Non-Related)
12%
Cash & Equivalents
3%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$26,060,005
Deferred Revenue
73%
Notes Payable / Debt (Non-Related)
22%
Payables & Accruals
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,931,756
$2,995,725
-66%
Receivables (Non-Related)
$11,965,484
$13,273,146
+11%
Related-Party Receivables
$0
$0
-
Inventories
$119,860
$138,496
+16%
Prepaid Expenses
$351,314
$577,573
+64%
Investments
$32,553,124
$35,644,227
+9%
Property, Plant, & Equipment (net)
$29,071,097
$33,840,656
+16%
Other Assets
$24,051,504
$25,004,906
+4%
Total Assets
$107,044,139
$111,474,729
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$1,687,233
$1,191,700
-29%
Grants Payable
$0
$0
-
Deferred Revenue
$16,115,434
$19,058,305
+18%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$7,880,417
$5,810,000
-26%
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$25,683,084
$26,060,005
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$32,005,572
$32,317,903
+1%
Unrestricted Net Assets
$49,355,483
$53,096,821
+8%
Net assets
2023
2024
Change
Net assets
+$81,361,055
+$85,414,724
+5%