Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$14,137,403
Property, Plant, & Equipment (net)
78%
Cash & Equivalents
9%
Receivables (Non-Related)
5%
Investments
4%
Other Assets
3%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$5,621,407
Notes Payable / Debt (Non-Related)
75%
Payables & Accruals
18%
Other Liabilities
5%
Deferred Revenue
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,624,357
$1,291,813
-20%
Receivables (Non-Related)
$1,091,803
$765,692
-30%
Related-Party Receivables
-
-
-
Inventories
-
$4,115
-
Prepaid Expenses
$60,718
$28,140
-54%
Investments
$251,367
$592,844
+136%
Property, Plant, & Equipment (net)
$7,031,273
$10,989,079
+56%
Other Assets
$257,789
$465,720
+81%
Total Assets
$10,317,307
$14,137,403
+37%
Liabilities
2023
2024
Change
Payables & Accruals
$319,720
$1,030,348
+222%
Grants Payable
-
-
-
Deferred Revenue
$32,054
$71,362
+123%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,409,773
$4,211,145
+199%
Related-Party Payables
-
-
-
Other Liabilities
$101,017
$308,552
+205%
Total Liabilities
$1,862,564
$5,621,407
+202%
Net assets
2023
2024
Change
Restricted Net Assets
$2,569,062
$317,147
-88%
Unrestricted Net Assets
$5,885,681
$8,198,849
+39%
Net assets
2023
2024
Change
Net assets
+$8,454,743
+$8,515,996
+1%