Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$14,920,798
Property, Plant, & Equipment (net)
54%
Cash & Equivalents
35%
Investments
11%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,754,079
Notes Payable / Debt (Non-Related)
79%
Deferred Revenue
20%
Payables & Accruals
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,293,849
$5,166,981
+20%
Receivables (Non-Related)
$240,135
$7,131
-97%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$19,462
-
Investments
$1,540,510
$1,656,042
+7%
Property, Plant, & Equipment (net)
$8,164,349
$8,071,182
-1%
Other Assets
-
-
-
Total Assets
$14,238,843
$14,920,798
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$10,732
$71,888
+570%
Grants Payable
-
-
-
Deferred Revenue
$846,459
$733,966
-13%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,224,677
$2,948,225
-9%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$4,081,868
$3,754,079
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$671,276
$1,166,892
+74%
Unrestricted Net Assets
$9,485,699
$9,999,827
+5%
Net assets
2023
2024
Change
Net assets
+$10,156,975
+$11,166,719
+10%