Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$292,966,410
Property, Plant, & Equipment (net)
61%
Investments
28%
Receivables (Non-Related)
4%
Cash & Equivalents
3%
Other Assets
2%
Inventories
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$134,829,767
Notes Payable / Debt (Non-Related)
71%
Deferred Revenue
18%
Payables & Accruals
6%
Other Liabilities
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$15,951,375
$9,815,929
-38%
Receivables (Non-Related)
$13,016,366
$12,081,956
-7%
Related-Party Receivables
$0
$0
-
Inventories
$4,197,459
$3,979,802
-5%
Prepaid Expenses
$561,454
$443,304
-21%
Investments
$77,427,977
$81,333,022
+5%
Property, Plant, & Equipment (net)
$166,437,143
$178,603,738
+7%
Other Assets
$8,106,725
$6,708,659
-17%
Total Assets
$285,698,499
$292,966,410
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$7,568,461
$8,029,508
+6%
Grants Payable
$0
$0
-
Deferred Revenue
$21,714,517
$24,062,290
+11%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$100,482,626
$96,248,638
-4%
Related-Party Payables
$0
$0
-
Other Liabilities
$6,154,320
$6,489,331
+5%
Total Liabilities
$135,919,924
$134,829,767
-1%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$149,778,575
+$158,136,643
+6%