Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$109,877,262
Property, Plant, & Equipment (net)
52%
Investments
32%
Cash & Equivalents
11%
Receivables (Non-Related)
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$25,548,619
Tax-Exempt Bond Liabilities
75%
Deferred Revenue
17%
Payables & Accruals
8%
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
$13,363,375
$12,334,717
-8%
Receivables (Non-Related)
$4,491,932
$4,109,665
-9%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$313,318
$1,083,019
+246%
Investments
$30,868,200
$35,233,770
+14%
Property, Plant, & Equipment (net)
$57,002,976
$57,116,091
+0%
Other Assets
-
-
-
Total Assets
$106,039,801
$109,877,262
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$2,298,823
$2,119,159
-8%
Grants Payable
-
-
-
Deferred Revenue
$3,411,639
$4,322,633
+27%
Tax-Exempt Bond Liabilities
$20,448,189
$19,106,827
-7%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$26,158,651
$25,548,619
-2%
Net assets
2023
2024
Change
Restricted Net Assets
$14,202,670
$15,987,365
+13%
Unrestricted Net Assets
$65,678,480
$68,341,278
+4%
Net assets
2023
2024
Change
Net assets
+$79,881,150
+$84,328,643
+6%