Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$46,612,669
Property, Plant, & Equipment (net)
64%
Other Assets
22%
Investments
6%
Receivables (Non-Related)
5%
Cash & Equivalents
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$35,469,719
Notes Payable / Debt (Non-Related)
88%
Other Liabilities
8%
Payables & Accruals
4%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,843,498
$1,571,764
-15%
Receivables (Non-Related)
$2,045,062
$2,314,428
+13%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$299,189
$43,021
-86%
Investments
$2,804,045
$2,726,073
-3%
Property, Plant, & Equipment (net)
$24,769,690
$29,819,146
+20%
Other Assets
$11,788,615
$10,138,237
-14%
Total Assets
$43,550,099
$46,612,669
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$645,726
$1,246,061
+93%
Grants Payable
-
-
-
Deferred Revenue
$707,375
$95,859
-86%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$26,244,312
$31,287,242
+19%
Related-Party Payables
-
-
-
Other Liabilities
$2,514,650
$2,840,557
+13%
Total Liabilities
$30,112,063
$35,469,719
+18%
Net assets
2023
2024
Change
Restricted Net Assets
$420,340
$0
-100%
Unrestricted Net Assets
$13,017,696
$11,142,950
-14%
Net assets
2023
2024
Change
Net assets
+$13,438,036
+$11,142,950
-17%