Balance Sheet

Fiscal Year: 2021
Assets in 2021 (Year End)
$12,709,806
Cash & Equivalents
57%
Property, Plant, & Equipment (net)
39%
Receivables (Non-Related)
3%
Other Assets
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2021 (Year End)
$7,830,336
Deferred Revenue
51%
Notes Payable / Debt (Non-Related)
46%
Payables & Accruals
2%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2020
2021
Change
Cash & Equivalents
$2,656,851
$7,229,996
+172%
Receivables (Non-Related)
$657,297
$378,080
-42%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$30,037
$26,086
-13%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$5,042,845
$4,896,118
-3%
Other Assets
$132,403
$179,526
+36%
Total Assets
$8,519,433
$12,709,806
+49%
Liabilities
2020
2021
Change
Payables & Accruals
$113,896
$175,311
+54%
Grants Payable
-
-
-
Deferred Revenue
$135,000
$4,030,373
+2885%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,557,645
$3,602,701
+1%
Related-Party Payables
-
-
-
Other Liabilities
$12,731
$21,951
+72%
Total Liabilities
$3,819,272
$7,830,336
+105%
Net assets
2020
2021
Change
Restricted Net Assets
$2,751,688
$2,673,000
-3%
Unrestricted Net Assets
$1,948,473
$2,206,470
+13%
Net assets
2020
2021
Change
Net assets
+$4,700,161
+$4,879,470
+4%