Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$18,720,234
Cash & Equivalents
32%
Property, Plant, & Equipment (net)
29%
Investments
29%
Receivables (Non-Related)
8%
Other Assets
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$6,863,923
Deferred Revenue
36%
Notes Payable / Debt (Non-Related)
36%
Tax-Exempt Bond Liabilities
23%
Payables & Accruals
5%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,542,358
$5,956,844
-30%
Receivables (Non-Related)
$1,573,367
$1,510,843
-4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$36,398
$27,220
-25%
Investments
-
$5,465,948
-
Property, Plant, & Equipment (net)
$4,902,457
$5,521,430
+13%
Other Assets
$157,451
$237,949
+51%
Total Assets
$15,212,031
$18,720,234
+23%
Liabilities
2023
2024
Change
Payables & Accruals
$348,742
$369,294
+6%
Grants Payable
-
-
-
Deferred Revenue
$1,951,704
$2,451,187
+26%
Tax-Exempt Bond Liabilities
$1,701,122
$1,595,289
-6%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,633,321
$2,448,153
+50%
Related-Party Payables
-
-
-
Other Liabilities
$250,000
-
-
Total Liabilities
$5,884,889
$6,863,923
+17%
Net assets
2023
2024
Change
Restricted Net Assets
$12,699
$12,571
-1%
Unrestricted Net Assets
$9,314,443
$11,843,740
+27%
Net assets
2023
2024
Change
Net assets
+$9,327,142
+$11,856,311
+27%