Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$38,563,644
Property, Plant, & Equipment (net)
38%
Cash & Equivalents
35%
Receivables (Non-Related)
22%
Other Assets
3%
Investments
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$27,705,600
Deferred Revenue
59%
Notes Payable / Debt (Non-Related)
37%
Other Liabilities
3%
Payables & Accruals
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$12,378,120
$13,420,755
+8%
Receivables (Non-Related)
$8,050,479
$8,336,199
+4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$293,881
$338,303
+15%
Investments
-
$714,144
-
Property, Plant, & Equipment (net)
$15,148,495
$14,743,514
-3%
Other Assets
$855,520
$1,010,729
+18%
Total Assets
$36,726,495
$38,563,644
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$289,540
$341,433
+18%
Grants Payable
-
-
-
Deferred Revenue
$15,392,967
$16,432,476
+7%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$10,764,294
$10,228,269
-5%
Related-Party Payables
-
-
-
Other Liabilities
$855,520
$703,422
-18%
Total Liabilities
$27,302,321
$27,705,600
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$146,945
$1,272,565
+766%
Unrestricted Net Assets
$9,277,229
$9,585,479
+3%
Net assets
2023
2024
Change
Net assets
+$9,424,174
+$10,858,044
+15%