Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$88,204,067
Property, Plant, & Equipment (net)
54%
Investments
24%
Cash & Equivalents
12%
Receivables (Non-Related)
7%
Other Assets
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$30,860,445
Deferred Revenue
45%
Tax-Exempt Bond Liabilities
42%
Other Liabilities
7%
Payables & Accruals
5%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,998,063
$10,428,129
+16%
Receivables (Non-Related)
$786,355
$6,190,689
+687%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$789,049
$630,404
-20%
Investments
$20,139,694
$21,471,170
+7%
Property, Plant, & Equipment (net)
$48,803,664
$47,348,471
-3%
Other Assets
$2,155,717
$2,135,204
-1%
Total Assets
$81,672,542
$88,204,067
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$1,256,431
$1,551,802
+24%
Grants Payable
-
-
-
Deferred Revenue
$8,070,667
$13,936,466
+73%
Tax-Exempt Bond Liabilities
$14,150,396
$13,065,550
-8%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$673,072
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
$2,322,390
$2,306,627
-1%
Total Liabilities
$26,472,956
$30,860,445
+17%
Net assets
2023
2024
Change
Restricted Net Assets
$4,538,337
$4,714,760
+4%
Unrestricted Net Assets
$50,661,249
$52,628,862
+4%
Net assets
2023
2024
Change
Net assets
+$55,199,586
+$57,343,622
+4%