Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$75,484,159
Property, Plant, & Equipment (net)
45%
Receivables (Non-Related)
25%
Investments
17%
Cash & Equivalents
8%
Other Assets
4%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$30,398,873
Notes Payable / Debt (Non-Related)
51%
Deferred Revenue
32%
Payables & Accruals
17%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$12,561,911
$6,013,632
-52%
Receivables (Non-Related)
$12,667,184
$18,693,719
+48%
Related-Party Receivables
-
-
-
Inventories
$298,853
$413,125
+38%
Prepaid Expenses
$366,741
$368,731
+1%
Investments
$11,993,894
$12,737,715
+6%
Property, Plant, & Equipment (net)
$31,058,135
$33,986,820
+9%
Other Assets
$2,969,020
$3,270,417
+10%
Total Assets
$71,915,738
$75,484,159
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$3,018,566
$5,160,697
+71%
Grants Payable
-
-
-
Deferred Revenue
$14,740,524
$9,656,895
-34%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$16,004,797
$15,388,244
-4%
Related-Party Payables
-
-
-
Other Liabilities
$200,741
$193,037
-4%
Total Liabilities
$33,964,628
$30,398,873
-10%
Net assets
2023
2024
Change
Restricted Net Assets
$1,581,155
$3,216,797
+103%
Unrestricted Net Assets
$36,369,955
$41,868,489
+15%
Net assets
2023
2024
Change
Net assets
+$37,951,110
+$45,085,286
+19%