Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$81,727,558
Property, Plant, & Equipment (net)
61%
Other Assets
20%
Investments
13%
Cash & Equivalents
5%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$157,923,240
Other Liabilities
47%
Tax-Exempt Bond Liabilities
34%
Notes Payable / Debt (Non-Related)
16%
Payables & Accruals
2%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,674,504
$4,060,770
+52%
Receivables (Non-Related)
$483,005
$294,696
-39%
Related-Party Receivables
-
-
-
Inventories
$42,488
$42,488
+0%
Prepaid Expenses
$914,606
$685,091
-25%
Investments
$9,697,550
$10,309,224
+6%
Property, Plant, & Equipment (net)
$51,761,890
$49,613,311
-4%
Other Assets
$15,793,471
$16,721,978
+6%
Total Assets
$81,367,514
$81,727,558
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$3,687,234
$3,734,815
+1%
Grants Payable
-
-
-
Deferred Revenue
$692,430
$791,629
+14%
Tax-Exempt Bond Liabilities
-
$52,980,144
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$81,424,271
$25,447,680
-69%
Related-Party Payables
-
-
-
Other Liabilities
$58,285,441
$74,968,972
+29%
Total Liabilities
$144,089,376
$157,923,240
+10%
Net assets
2023
2024
Change
Restricted Net Assets
$7,352,254
$7,492,116
+2%
Unrestricted Net Assets
-$70,074,116
-$83,687,798
-19%
Net assets
2023
2024
Change
Net assets
-$62,721,862
-$76,195,682
-21%