Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$32,953,723
Cash & Equivalents
60%
Property, Plant, & Equipment (net)
36%
Other Assets
3%
Receivables (Non-Related)
1%
Inventories
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$7,510,341
Deferred Revenue
83%
Notes Payable / Debt (Non-Related)
12%
Payables & Accruals
5%
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
$17,438,388
$19,743,271
+13%
Receivables (Non-Related)
$316,068
$343,856
+9%
Related-Party Receivables
-
-
-
Inventories
$264,964
$20,643
-92%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$12,139,566
$11,977,781
-1%
Other Assets
$790,987
$868,172
+10%
Total Assets
$30,949,973
$32,953,723
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$476,379
$355,301
-25%
Grants Payable
-
-
-
Deferred Revenue
$6,746,213
$6,240,455
-7%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$988,851
$914,585
-8%
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$8,211,443
$7,510,341
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$14,508,038
$14,645,211
+1%
Unrestricted Net Assets
$8,230,492
$10,798,171
+31%
Net assets
2023
2024
Change
Net assets
+$22,738,530
+$25,443,382
+12%