Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$1,256,741,711
Investments
46%
Property, Plant, & Equipment (net)
37%
Receivables (Non-Related)
9%
Cash & Equivalents
4%
Other Assets
2%
Prepaid Expenses
2%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$496,011,690
Tax-Exempt Bond Liabilities
80%
Payables & Accruals
12%
Notes Payable / Debt (Non-Related)
7%
Other Liabilities
1%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$24,609,041
$46,164,708
+88%
Receivables (Non-Related)
$54,763,078
$110,704,578
+102%
Related-Party Receivables
-
-
-
Inventories
$6,872,885
$12,506,571
+82%
Prepaid Expenses
$22,852,804
$25,807,865
+13%
Investments
$406,561,062
$573,308,546
+41%
Property, Plant, & Equipment (net)
$329,505,333
$459,164,814
+39%
Other Assets
$250,000
$29,084,629
+11534%
Total Assets
$845,414,203
$1,256,741,711
+49%
Liabilities
2023
2024
Change
Payables & Accruals
$38,119,831
$58,867,399
+54%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$181,596,267
$395,823,559
+118%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$35,000,000
-
Related-Party Payables
-
-
-
Other Liabilities
$1,278,497
$6,320,732
+394%
Total Liabilities
$220,994,595
$496,011,690
+124%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$624,419,608
$760,730,021
+22%
Net assets
2023
2024
Change
Net assets
+$624,419,608
+$760,730,021
+22%