Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$304,609,663
Property, Plant, & Equipment (net)
65%
Cash & Equivalents
27%
Other Assets
6%
Receivables (Non-Related)
<1%
Inventories
<1%
Investments
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$89,039,907
Notes Payable / Debt (Non-Related)
70%
Deferred Revenue
18%
Other Liabilities
7%
Payables & Accruals
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$69,763,527
$81,439,940
+17%
Receivables (Non-Related)
$2,853,671
$2,916,831
+2%
Related-Party Receivables
-
-
-
Inventories
$955,316
$902,284
-6%
Prepaid Expenses
$135,115
$119,507
-12%
Investments
$615,563
$590,743
-4%
Property, Plant, & Equipment (net)
$179,966,512
$199,222,978
+11%
Other Assets
$18,023,242
$19,417,380
+8%
Total Assets
$272,312,946
$304,609,663
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$5,158,387
$3,841,768
-26%
Grants Payable
-
-
-
Deferred Revenue
$15,123,918
$16,362,567
+8%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$52,198,565
$62,698,326
+20%
Related-Party Payables
-
-
-
Other Liabilities
$4,857,749
$6,137,246
+26%
Total Liabilities
$77,338,619
$89,039,907
+15%
Net assets
2023
2024
Change
Restricted Net Assets
$9,250
$7,750
-16%
Unrestricted Net Assets
$194,965,077
$215,562,006
+11%
Net assets
2023
2024
Change
Net assets
+$194,974,327
+$215,569,756
+11%