Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$72,443,694
Property, Plant, & Equipment (net)
34%
Cash & Equivalents
30%
Investments
20%
Receivables (Non-Related)
12%
Inventories
2%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$9,991,706
Tax-Exempt Bond Liabilities
34%
Payables & Accruals
32%
Deferred Revenue
28%
Other Liabilities
6%
Notes Payable / Debt (Non-Related)
1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$22,398,128
$21,580,181
-4%
Receivables (Non-Related)
$5,415,967
$8,719,698
+61%
Related-Party Receivables
-
-
-
Inventories
$982,491
$1,095,323
+11%
Prepaid Expenses
$611,819
$684,330
+12%
Investments
$14,030,713
$14,850,572
+6%
Property, Plant, & Equipment (net)
$21,260,939
$24,900,485
+17%
Other Assets
$749,154
$613,105
-18%
Total Assets
$65,449,211
$72,443,694
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$3,966,879
$3,167,604
-20%
Grants Payable
-
-
-
Deferred Revenue
$646,411
$2,762,434
+327%
Tax-Exempt Bond Liabilities
$3,513,343
$3,356,824
-4%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$225,095
$122,010
-46%
Related-Party Payables
-
-
-
Other Liabilities
$695,799
$582,834
-16%
Total Liabilities
$9,047,527
$9,991,706
+10%
Net assets
2023
2024
Change
Restricted Net Assets
$1,315,554
$1,461,685
+11%
Unrestricted Net Assets
$55,086,130
$60,990,303
+11%
Net assets
2023
2024
Change
Net assets
+$56,401,684
+$62,451,988
+11%