Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$746,709,320
Investments
83%
Property, Plant, & Equipment (net)
10%
Cash & Equivalents
4%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$67,983,665
Notes Payable / Debt (Non-Related)
55%
Grants Payable
31%
Deferred Revenue
8%
Payables & Accruals
6%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$27,364,380
$30,444,465
+11%
Receivables (Non-Related)
$15,434,855
$18,492,071
+20%
Related-Party Receivables
$0
$0
-
Inventories
$93,928
$49,974
-47%
Prepaid Expenses
$2,385,403
$3,340,773
+40%
Investments
$582,914,438
$619,517,927
+6%
Property, Plant, & Equipment (net)
$74,676,472
$74,467,758
0%
Other Assets
$193,132
$396,352
+105%
Total Assets
$703,062,608
$746,709,320
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$8,919,174
$4,201,615
-53%
Grants Payable
$20,762,673
$21,303,932
+3%
Deferred Revenue
$5,657,678
$5,164,685
-9%
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$0
-
-
Notes Payable / Debt (Non-Related)
$36,991,369
$37,313,433
+1%
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$72,330,894
$67,983,665
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$613,215,021
$661,175,737
+8%
Unrestricted Net Assets
$17,516,693
$17,549,918
+0%
Net assets
2023
2024
Change
Net assets
+$630,731,714
+$678,725,655
+8%