Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$46,778,427
Cash & Equivalents
55%
Property, Plant, & Equipment (net)
37%
Receivables (Non-Related)
6%
Prepaid Expenses
2%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$27,902,236
Tax-Exempt Bond Liabilities
77%
Payables & Accruals
16%
Deferred Revenue
7%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$19,137,789
$25,719,598
+34%
Receivables (Non-Related)
$3,221,299
$2,729,943
-15%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$401,543
$920,678
+129%
Investments
-
-
-
Property, Plant, & Equipment (net)
$18,097,716
$17,379,353
-4%
Other Assets
$0
$28,855
-
Total Assets
$40,858,347
$46,778,427
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$2,508,786
$4,445,151
+77%
Grants Payable
-
-
-
Deferred Revenue
$3,684,273
$2,027,085
-45%
Tax-Exempt Bond Liabilities
$20,827,034
$21,430,000
+3%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$27,020,093
$27,902,236
+3%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$13,838,254
$18,876,191
+36%
Net assets
2023
2024
Change
Net assets
+$13,838,254
+$18,876,191
+36%