Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$31,938,918
Property, Plant, & Equipment (net)
51%
Investments
28%
Cash & Equivalents
9%
Other Assets
6%
Receivables (Non-Related)
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$20,994,474
Other Liabilities
54%
Deferred Revenue
19%
Notes Payable / Debt (Non-Related)
16%
Payables & Accruals
11%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,502,098
$2,869,765
-36%
Receivables (Non-Related)
$1,480,535
$1,773,387
+20%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$82,868
-
Investments
$7,965,476
$8,977,179
+13%
Property, Plant, & Equipment (net)
$15,508,232
$16,341,595
+5%
Other Assets
$2,081,733
$1,894,124
-9%
Total Assets
$31,538,074
$31,938,918
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$2,114,610
$2,354,172
+11%
Grants Payable
-
-
-
Deferred Revenue
$4,323,274
$3,957,735
-8%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,415,529
$3,297,667
-3%
Related-Party Payables
-
-
-
Other Liabilities
$13,014,712
$11,384,900
-13%
Total Liabilities
$22,868,125
$20,994,474
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$992,025
$3,465,016
+249%
Unrestricted Net Assets
$7,677,924
$7,479,428
-3%
Net assets
2023
2024
Change
Net assets
+$8,669,949
+$10,944,444
+26%