Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$12,142,376
Property, Plant, & Equipment (net)
66%
Receivables (Non-Related)
15%
Cash & Equivalents
12%
Other Assets
5%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,200,661
Notes Payable / Debt (Non-Related)
79%
Payables & Accruals
14%
Other Liabilities
4%
Deferred Revenue
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,842,588
$1,516,245
-18%
Receivables (Non-Related)
$1,875,336
$1,767,593
-6%
Related-Party Receivables
-
-
-
Inventories
$413,604
$275,443
-33%
Prepaid Expenses
$11,972
$10,074
-16%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,374,340
$7,993,215
+25%
Other Assets
$655,080
$579,806
-11%
Total Assets
$11,172,920
$12,142,376
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$1,617,144
$606,715
-62%
Grants Payable
-
-
-
Deferred Revenue
$849,145
$112,535
-87%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,157,097
$3,331,781
+6%
Related-Party Payables
-
-
-
Other Liabilities
$120,474
$149,630
+24%
Total Liabilities
$5,743,860
$4,200,661
-27%
Net assets
2023
2024
Change
Restricted Net Assets
$175,985
$225,233
+28%
Unrestricted Net Assets
$5,253,075
$7,716,482
+47%
Net assets
2023
2024
Change
Net assets
+$5,429,060
+$7,941,715
+46%