Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$57,523,328
Property, Plant, & Equipment (net)
54%
Other Assets
26%
Investments
17%
Prepaid Expenses
1%
Cash & Equivalents
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$36,339,018
Tax-Exempt Bond Liabilities
67%
Other Liabilities
18%
Deferred Revenue
8%
Notes Payable / Debt (Non-Related)
4%
Payables & Accruals
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,058,761
$637,972
-40%
Receivables (Non-Related)
$846,337
$470,656
-44%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$1,342,506
$714,624
-47%
Investments
$8,220,965
$9,702,480
+18%
Property, Plant, & Equipment (net)
$32,308,571
$31,303,083
-3%
Other Assets
$13,735,916
$14,694,513
+7%
Total Assets
$57,513,056
$57,523,328
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$845,763
$774,276
-8%
Grants Payable
-
$0
-
Deferred Revenue
$3,153,163
$3,052,050
-3%
Tax-Exempt Bond Liabilities
$25,961,038
$24,426,171
-6%
Custodial & Escrow Liabilities
-
$0
-
Notes Payable / Debt (Non-Related)
$1,510,000
$1,555,000
+3%
Related-Party Payables
-
$0
-
Other Liabilities
$7,010,034
$6,531,521
-7%
Total Liabilities
$38,479,998
$36,339,018
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$13,735,916
$14,694,513
+7%
Unrestricted Net Assets
$5,297,142
$6,489,797
+23%
Net assets
2023
2024
Change
Net assets
+$19,033,058
+$21,184,310
+11%