Balance Sheet

Fiscal Year: 2023
Jul 1, 2022 – Jun 30, 2023
Assets in 2023 (Year End)
$26,856,685
Property, Plant, & Equipment (net)
89%
Investments
7%
Other Assets
2%
Cash & Equivalents
1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2023 (Year End)
$20,658,469
Tax-Exempt Bond Liabilities
73%
Payables & Accruals
11%
Notes Payable / Debt (Non-Related)
9%
Other Liabilities
7%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2022
2023
Change
Cash & Equivalents
$862,191
$385,275
-55%
Receivables (Non-Related)
$293,321
$160,182
-45%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$87,581
$19,445
-78%
Investments
$5,660,340
$1,896,073
-67%
Property, Plant, & Equipment (net)
$24,851,832
$23,848,984
-4%
Other Assets
$72,193
$546,726
+657%
Total Assets
$31,827,458
$26,856,685
-16%
Liabilities
2022
2023
Change
Payables & Accruals
$1,856,809
$2,233,766
+20%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$15,250,404
$15,025,600
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,799,074
$1,883,048
-33%
Related-Party Payables
-
-
-
Other Liabilities
$1,539,721
$1,516,055
-2%
Total Liabilities
$21,446,008
$20,658,469
-4%
Net assets
2022
2023
Change
Restricted Net Assets
$721,954
$522,906
-28%
Unrestricted Net Assets
$9,659,496
$5,675,310
-41%
Net assets
2022
2023
Change
Net assets
+$10,381,450
+$6,198,216
-40%