Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$187,763,246
Receivables (Non-Related)
57%
Other Assets
25%
Cash & Equivalents
8%
Investments
7%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$107,047,760
Deferred Revenue
57%
Notes Payable / Debt (Non-Related)
34%
Payables & Accruals
7%
Other Liabilities
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$12,402,561
$14,644,638
+18%
Receivables (Non-Related)
$77,182,267
$106,120,310
+37%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$35,389
$428,858
+1112%
Investments
$6,698,769
$12,422,375
+85%
Property, Plant, & Equipment (net)
$7,938,635
$7,515,535
-5%
Other Assets
$36,143,543
$46,631,530
+29%
Total Assets
$140,401,164
$187,763,246
+34%
Liabilities
2023
2024
Change
Payables & Accruals
$8,072,241
$7,962,211
-1%
Grants Payable
-
-
-
Deferred Revenue
$41,560,382
$61,501,237
+48%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$28,192,732
$36,444,312
+29%
Related-Party Payables
-
-
-
Other Liabilities
$1,080,000
$1,140,000
+6%
Total Liabilities
$78,905,355
$107,047,760
+36%
Net assets
2023
2024
Change
Restricted Net Assets
$3,865,450
$12,087,307
+213%
Unrestricted Net Assets
$57,630,359
$68,628,179
+19%
Net assets
2023
2024
Change
Net assets
+$61,495,809
+$80,715,486
+31%