Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$32,119,257
Investments
52%
Property, Plant, & Equipment (net)
35%
Receivables (Non-Related)
6%
Cash & Equivalents
5%
Other Assets
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$7,626,445
Tax-Exempt Bond Liabilities
56%
Deferred Revenue
24%
Payables & Accruals
16%
Other Liabilities
2%
Notes Payable / Debt (Non-Related)
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,935,760
$1,661,034
-14%
Receivables (Non-Related)
$3,034,148
$2,069,722
-32%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$6,105
$124,001
+1931%
Investments
$17,458,433
$16,582,041
-5%
Property, Plant, & Equipment (net)
$9,636,884
$11,281,783
+17%
Other Assets
-
$400,676
-
Total Assets
$32,071,330
$32,119,257
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$1,043,862
$1,256,549
+20%
Grants Payable
-
-
-
Deferred Revenue
$1,618,798
$1,807,574
+12%
Tax-Exempt Bond Liabilities
$4,593,851
$4,273,501
-7%
Custodial & Escrow Liabilities
$235,190
$0
-100%
Notes Payable / Debt (Non-Related)
$140,780
$136,265
-3%
Related-Party Payables
-
-
-
Other Liabilities
$680,849
$152,556
-78%
Total Liabilities
$8,313,330
$7,626,445
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$6,717,562
$7,999,237
+19%
Unrestricted Net Assets
$17,040,438
$16,493,575
-3%
Net assets
2023
2024
Change
Net assets
+$23,758,000
+$24,492,812
+3%