Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$45,950,855
Property, Plant, & Equipment (net)
60%
Investments
24%
Other Assets
9%
Receivables (Non-Related)
5%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$35,317,809
Notes Payable / Debt (Non-Related)
47%
Tax-Exempt Bond Liabilities
41%
Payables & Accruals
7%
Other Liabilities
5%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$178,952
$411,235
+130%
Receivables (Non-Related)
$2,144,702
$2,165,217
+1%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$269,901
$158,606
-41%
Investments
$11,304,111
$11,247,423
-1%
Property, Plant, & Equipment (net)
$27,541,420
$27,722,144
+1%
Other Assets
$2,197,541
$4,246,230
+93%
Total Assets
$43,636,627
$45,950,855
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$1,208,899
$2,570,165
+113%
Grants Payable
-
-
-
Deferred Revenue
$285,002
$12,642
-96%
Tax-Exempt Bond Liabilities
$14,844,569
$14,436,777
-3%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$16,717,809
$16,638,870
0%
Related-Party Payables
-
-
-
Other Liabilities
$1,406,217
$1,659,355
+18%
Total Liabilities
$34,462,496
$35,317,809
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$6,023,497
$5,476,960
-9%
Unrestricted Net Assets
$3,150,634
$5,156,086
+64%
Net assets
2023
2024
Change
Net assets
+$9,174,131
+$10,633,046
+16%