Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$19,544,390
Property, Plant, & Equipment (net)
76%
Receivables (Non-Related)
11%
Cash & Equivalents
10%
Other Assets
2%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$5,190,427
Notes Payable / Debt (Non-Related)
57%
Other Liabilities
35%
Payables & Accruals
8%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,399,214
$1,963,899
+40%
Receivables (Non-Related)
$1,986,425
$2,080,600
+5%
Related-Party Receivables
-
-
-
Inventories
$156,152
$152,221
-3%
Prepaid Expenses
$78,254
$107,640
+38%
Investments
-
-
-
Property, Plant, & Equipment (net)
$15,208,171
$14,844,124
-2%
Other Assets
$459,956
$395,906
-14%
Total Assets
$19,288,172
$19,544,390
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$434,009
$391,507
-10%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,360,000
$2,967,288
-12%
Related-Party Payables
-
-
-
Other Liabilities
$1,779,893
$1,831,632
+3%
Total Liabilities
$5,573,902
$5,190,427
-7%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$13,714,270
$14,353,963
+5%
Net assets
2023
2024
Change
Net assets
+$13,714,270
+$14,353,963
+5%