Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$160,246,146
Other Assets
43%
Investments
20%
Property, Plant, & Equipment (net)
15%
Receivables (Non-Related)
11%
Cash & Equivalents
8%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$110,884,126
Other Liabilities
58%
Payables & Accruals
26%
Tax-Exempt Bond Liabilities
13%
Notes Payable / Debt (Non-Related)
3%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$15,497,628
$13,297,347
-14%
Receivables (Non-Related)
$16,193,804
$16,972,820
+5%
Related-Party Receivables
$0
$0
-
Inventories
$3,472,225
$3,348,061
-4%
Prepaid Expenses
$995,822
$1,127,664
+13%
Investments
$33,019,659
$32,344,175
-2%
Property, Plant, & Equipment (net)
$23,718,966
$24,716,579
+4%
Other Assets
$55,481,004
$68,439,500
+23%
Total Assets
$148,379,108
$160,246,146
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$34,965,212
$28,991,858
-17%
Grants Payable
-
-
-
Deferred Revenue
-
$126,463
-
Tax-Exempt Bond Liabilities
$18,076,063
$14,509,628
-20%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,607,421
$2,838,942
+77%
Related-Party Payables
$0
$0
-
Other Liabilities
$51,092,418
$64,417,235
+26%
Total Liabilities
$105,741,114
$110,884,126
+5%
Net assets
2023
2024
Change
Restricted Net Assets
$155,426
$101,469
-35%
Unrestricted Net Assets
$42,482,568
$49,260,551
+16%
Net assets
2023
2024
Change
Net assets
+$42,637,994
+$49,362,020
+16%