Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$170,669,739
Receivables (Non-Related)
38%
Property, Plant, & Equipment (net)
25%
Cash & Equivalents
23%
Other Assets
9%
Inventories
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$79,347,789
Notes Payable / Debt (Non-Related)
80%
Other Liabilities
9%
Deferred Revenue
8%
Payables & Accruals
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$38,485,473
$39,894,413
+4%
Receivables (Non-Related)
$60,539,817
$64,478,636
+7%
Related-Party Receivables
$0
$0
-
Inventories
$13,386,008
$9,588,665
-28%
Prepaid Expenses
$527,252
$218,096
-59%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$38,376,274
$41,825,197
+9%
Other Assets
$11,130,349
$14,664,732
+32%
Total Assets
$162,445,173
$170,669,739
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$1,654,802
$1,800,002
+9%
Grants Payable
-
-
-
Deferred Revenue
$5,949,401
$6,470,358
+9%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$57,673,219
$63,810,588
+11%
Related-Party Payables
-
-
-
Other Liabilities
$8,874,890
$7,266,841
-18%
Total Liabilities
$74,152,312
$79,347,789
+7%
Net assets
2023
2024
Change
Restricted Net Assets
$1,658,271
$5,263,379
+217%
Unrestricted Net Assets
$86,634,590
$86,058,571
-1%
Net assets
2023
2024
Change
Net assets
+$88,292,861
+$91,321,950
+3%