Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$56,979,838
Property, Plant, & Equipment (net)
51%
Cash & Equivalents
40%
Receivables (Non-Related)
8%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$41,393,187
Tax-Exempt Bond Liabilities
83%
Deferred Revenue
11%
Payables & Accruals
6%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$22,990,832
$22,897,348
0%
Receivables (Non-Related)
$4,294,737
$4,606,984
+7%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$181,058
$218,196
+21%
Investments
-
-
-
Property, Plant, & Equipment (net)
$29,988,568
$29,219,032
-3%
Other Assets
-
$38,278
-
Total Assets
$57,455,195
$56,979,838
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$2,101,083
$2,599,611
+24%
Grants Payable
-
-
-
Deferred Revenue
$5,416,443
$4,440,002
-18%
Tax-Exempt Bond Liabilities
$34,658,310
$34,291,515
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$115,254
$62,059
-46%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$42,291,090
$41,393,187
-2%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$15,164,105
$15,586,651
+3%
Net assets
2023
2024
Change
Net assets
+$15,164,105
+$15,586,651
+3%