Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$55,993,206
Property, Plant, & Equipment (net)
46%
Investments
25%
Cash & Equivalents
21%
Other Assets
7%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$36,744,784
Tax-Exempt Bond Liabilities
56%
Deferred Revenue
22%
Payables & Accruals
12%
Other Liabilities
10%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$17,317,274
$11,996,529
-31%
Receivables (Non-Related)
$78,347
$168,986
+116%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$303,231
$332,608
+10%
Investments
$9,903,825
$14,075,741
+42%
Property, Plant, & Equipment (net)
$24,417,604
$25,692,104
+5%
Other Assets
$585,862
$3,727,238
+536%
Total Assets
$52,606,143
$55,993,206
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$4,365,559
$4,551,085
+4%
Grants Payable
-
-
-
Deferred Revenue
$9,016,753
$7,958,146
-12%
Tax-Exempt Bond Liabilities
$20,857,596
$20,587,948
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$459,057
$3,647,605
+695%
Total Liabilities
$34,698,965
$36,744,784
+6%
Net assets
2023
2024
Change
Restricted Net Assets
$2,673,173
$3,474,903
+30%
Unrestricted Net Assets
$15,234,005
$15,773,519
+4%
Net assets
2023
2024
Change
Net assets
+$17,907,178
+$19,248,422
+7%