Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$56,354,675
Property, Plant, & Equipment (net)
71%
Cash & Equivalents
22%
Receivables (Non-Related)
5%
Other Assets
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$17,612,603
Deferred Revenue
45%
Notes Payable / Debt (Non-Related)
38%
Payables & Accruals
17%
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
$13,147,923
$12,258,317
-7%
Receivables (Non-Related)
$6,643,680
$3,062,737
-54%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$479,680
$476,016
-1%
Investments
-
-
-
Property, Plant, & Equipment (net)
$30,519,877
$39,918,886
+31%
Other Assets
$164,624
$638,719
+288%
Total Assets
$50,955,784
$56,354,675
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$613,370
$2,943,403
+380%
Grants Payable
-
-
-
Deferred Revenue
$7,714,277
$7,938,481
+3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,011,718
$6,730,719
-4%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$15,339,365
$17,612,603
+15%
Net assets
2023
2024
Change
Restricted Net Assets
$9,866,057
$4,434,537
-55%
Unrestricted Net Assets
$25,750,362
$34,307,535
+33%
Net assets
2023
2024
Change
Net assets
+$35,616,419
+$38,742,072
+9%