Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$37,391,161
Property, Plant, & Equipment (net)
67%
Cash & Equivalents
29%
Other Assets
1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$17,600,964
Notes Payable / Debt (Non-Related)
68%
Deferred Revenue
24%
Payables & Accruals
3%
Other Liabilities
3%
Custodial & Escrow Liabilities
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,805,881
$10,897,930
+40%
Receivables (Non-Related)
$149,990
$277,768
+85%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$187,497
$316,703
+69%
Investments
$224,307
$248,490
+11%
Property, Plant, & Equipment (net)
$24,982,055
$25,140,204
+1%
Other Assets
$1,004,603
$510,066
-49%
Total Assets
$34,354,333
$37,391,161
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$229,356
$602,073
+163%
Grants Payable
-
-
-
Deferred Revenue
$4,218,123
$4,311,684
+2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$197,017
$286,050
+45%
Notes Payable / Debt (Non-Related)
$12,495,624
$11,920,727
-5%
Related-Party Payables
-
-
-
Other Liabilities
$916,312
$480,430
-48%
Total Liabilities
$18,056,432
$17,600,964
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$1,347,288
$2,874,544
+113%
Unrestricted Net Assets
$14,950,613
$16,915,653
+13%
Net assets
2023
2024
Change
Net assets
+$16,297,901
+$19,790,197
+21%