Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$62,753,114
Property, Plant, & Equipment (net)
43%
Cash & Equivalents
32%
Investments
17%
Other Assets
6%
Receivables (Non-Related)
2%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$5,156,590
Notes Payable / Debt (Non-Related)
50%
Payables & Accruals
30%
Deferred Revenue
16%
Other Liabilities
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$15,226,078
$20,137,849
+32%
Receivables (Non-Related)
$808,475
$957,109
+18%
Related-Party Receivables
-
-
-
Inventories
$319,607
$361,234
+13%
Prepaid Expenses
$188,829
$144,711
-23%
Investments
$9,890,648
$10,557,391
+7%
Property, Plant, & Equipment (net)
$25,646,841
$26,711,325
+4%
Other Assets
$3,883,148
$3,883,495
+0%
Total Assets
$55,963,626
$62,753,114
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$679,026
$1,526,408
+125%
Grants Payable
-
-
-
Deferred Revenue
$579,467
$816,056
+41%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,991,412
$2,572,521
-36%
Related-Party Payables
-
-
-
Other Liabilities
$142,787
$241,605
+69%
Total Liabilities
$5,392,692
$5,156,590
-4%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$50,570,934
$57,596,524
+14%
Net assets
2023
2024
Change
Net assets
+$50,570,934
+$57,596,524
+14%