Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$68,196,102
Property, Plant, & Equipment (net)
88%
Investments
5%
Cash & Equivalents
4%
Receivables (Non-Related)
2%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$25,473,179
Tax-Exempt Bond Liabilities
82%
Notes Payable / Debt (Non-Related)
13%
Payables & Accruals
2%
Deferred Revenue
1%
Other Liabilities
1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,594,128
$2,919,399
-36%
Receivables (Non-Related)
$635,450
$1,577,087
+148%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$4,286
$9,974
+133%
Investments
-
$3,400,134
-
Property, Plant, & Equipment (net)
$62,535,948
$60,254,464
-4%
Other Assets
$35,044
$35,044
+0%
Total Assets
$67,804,856
$68,196,102
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$361,396
$543,102
+50%
Grants Payable
-
-
-
Deferred Revenue
$1,092,184
$353,810
-68%
Tax-Exempt Bond Liabilities
$21,810,000
$20,853,023
-4%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,431,550
$3,388,805
-38%
Related-Party Payables
-
-
-
Other Liabilities
$100,439
$334,439
+233%
Total Liabilities
$28,795,569
$25,473,179
-12%
Net assets
2023
2024
Change
Restricted Net Assets
-
$417,358
-
Unrestricted Net Assets
$39,009,287
$42,305,565
+8%
Net assets
2023
2024
Change
Net assets
+$39,009,287
+$42,722,923
+10%