Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$32,370,856
Property, Plant, & Equipment (net)
73%
Cash & Equivalents
22%
Receivables (Non-Related)
4%
Prepaid Expenses
1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$7,620,646
Deferred Revenue
52%
Notes Payable / Debt (Non-Related)
45%
Payables & Accruals
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,272,874
$7,121,087
-14%
Receivables (Non-Related)
$1,666,154
$1,296,961
-22%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$370,416
$419,608
+13%
Investments
-
-
-
Property, Plant, & Equipment (net)
$23,074,441
$23,525,420
+2%
Other Assets
-
$7,780
-
Total Assets
$33,383,885
$32,370,856
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$1,333,154
$212,275
-84%
Grants Payable
-
-
-
Deferred Revenue
$3,780,669
$3,954,271
+5%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,353,700
$3,454,100
-35%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$10,467,523
$7,620,646
-27%
Net assets
2023
2024
Change
Restricted Net Assets
$11,542,235
$155,645
-99%
Unrestricted Net Assets
$11,374,127
$24,594,565
+116%
Net assets
2023
2024
Change
Net assets
+$22,916,362
+$24,750,210
+8%