Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$122,219,639
Cash & Equivalents
38%
Property, Plant, & Equipment (net)
35%
Investments
15%
Receivables (Non-Related)
9%
Other Assets
2%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$66,843,025
Deferred Revenue
43%
Tax-Exempt Bond Liabilities
24%
Payables & Accruals
20%
Other Liabilities
10%
Grants Payable
2%
Notes Payable / Debt (Non-Related)
2%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$27,792,947
$46,555,244
+68%
Receivables (Non-Related)
$11,933,415
$11,238,039
-6%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,085,102
$1,357,943
+25%
Investments
$12,332,752
$18,755,554
+52%
Property, Plant, & Equipment (net)
$35,007,658
$42,277,148
+21%
Other Assets
$3,497,013
$2,035,711
-42%
Total Assets
$91,648,887
$122,219,639
+33%
Liabilities
2023
2024
Change
Payables & Accruals
$11,670,061
$13,187,547
+13%
Grants Payable
$589,695
$1,386,106
+135%
Deferred Revenue
$9,730,358
$28,439,246
+192%
Tax-Exempt Bond Liabilities
$16,522,100
$16,133,187
-2%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,116,425
$1,032,545
-8%
Related-Party Payables
-
-
-
Other Liabilities
$7,545,870
$6,664,394
-12%
Total Liabilities
$47,174,509
$66,843,025
+42%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$44,474,378
$55,376,614
+25%
Net assets
2023
2024
Change
Net assets
+$44,474,378
+$55,376,614
+25%