Balance Sheet

Fiscal Year Start:
Nov 1
Assets in 2024 (Year End)
$134,897,668
Cash & Equivalents
58%
Property, Plant, & Equipment (net)
22%
Receivables (Non-Related)
10%
Investments
6%
Prepaid Expenses
4%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$122,533,884
Notes Payable / Debt (Non-Related)
49%
Deferred Revenue
40%
Payables & Accruals
11%
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
$56,408,224
$78,798,182
+40%
Receivables (Non-Related)
$17,198,375
$12,977,899
-25%
Related-Party Receivables
-
-
-
Inventories
$264,872
$293,203
+11%
Prepaid Expenses
$6,696,705
$4,924,408
-26%
Investments
$15,909,430
$7,580,719
-52%
Property, Plant, & Equipment (net)
$32,444,929
$30,267,568
-7%
Other Assets
$55,689
$55,689
+0%
Total Assets
$128,978,224
$134,897,668
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$11,473,499
$13,348,741
+16%
Grants Payable
-
-
-
Deferred Revenue
$60,090,872
$49,185,143
-18%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$60,000,000
$60,000,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$131,564,371
$122,533,884
-7%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$2,586,147
$12,363,784
-578%
Net assets
2023
2024
Change
Net assets
-$2,586,147
+$12,363,784
-578%