Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$102,981,540
Receivables (Non-Related)
69%
Cash & Equivalents
13%
Investments
10%
Property, Plant, & Equipment (net)
8%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$70,079,450
Notes Payable / Debt (Non-Related)
74%
Other Liabilities
14%
Payables & Accruals
7%
Deferred Revenue
4%
Grants Payable
<1%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$22,975,852
$13,827,676
-40%
Receivables (Non-Related)
$57,607,456
$71,093,187
+23%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$632,228
$358,093
-43%
Investments
$8,960,762
$9,867,647
+10%
Property, Plant, & Equipment (net)
$8,004,693
$7,834,937
-2%
Other Assets
$0
$0
-
Total Assets
$98,180,991
$102,981,540
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$1,918,428
$4,745,275
+147%
Grants Payable
$669,641
$561,000
-16%
Deferred Revenue
$2,370,755
$2,629,556
+11%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$45,413,921
$52,143,619
+15%
Related-Party Payables
-
-
-
Other Liabilities
$10,000,000
$10,000,000
+0%
Total Liabilities
$60,372,745
$70,079,450
+16%
Net assets
2023
2024
Change
Restricted Net Assets
$264,988
$39,988
-85%
Unrestricted Net Assets
$37,543,258
$32,862,102
-12%
Net assets
2023
2024
Change
Net assets
+$37,808,246
+$32,902,090
-13%