Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$127,489,221
Property, Plant, & Equipment (net)
68%
Investments
27%
Cash & Equivalents
2%
Receivables (Non-Related)
1%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$172,098,018
Deferred Revenue
41%
Tax-Exempt Bond Liabilities
40%
Other Liabilities
17%
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
$482,710
$2,920,032
+505%
Receivables (Non-Related)
$1,556,865
$1,503,246
-3%
Related-Party Receivables
-
$0
-
Inventories
$49,223
$62,145
+26%
Prepaid Expenses
$176,773
$310,284
+76%
Investments
$32,348,735
$34,926,169
+8%
Property, Plant, & Equipment (net)
$85,228,504
$86,724,005
+2%
Other Assets
$979,214
$1,043,340
+7%
Total Assets
$120,822,024
$127,489,221
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$3,601,490
$4,036,067
+12%
Grants Payable
-
-
-
Deferred Revenue
$65,679,358
$70,124,712
+7%
Tax-Exempt Bond Liabilities
$70,128,468
$68,329,484
-3%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
$0
-
Other Liabilities
$32,355,670
$29,607,755
-8%
Total Liabilities
$171,764,986
$172,098,018
+0%
Net assets
2023
2024
Change
Restricted Net Assets
$1,638,842
$1,866,669
+14%
Unrestricted Net Assets
-$52,581,804
-$46,475,466
+12%
Net assets
2023
2024
Change
Net assets
-$50,942,962
-$44,608,797
+12%