Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$19,049,579
Property, Plant, & Equipment (net)
72%
Cash & Equivalents
24%
Other Assets
2%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$7,900,861
Notes Payable / Debt (Non-Related)
85%
Other Liabilities
12%
Payables & Accruals
2%
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
$3,943,173
$4,634,301
+18%
Receivables (Non-Related)
-
$72,458
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$182,029
$215,777
+19%
Investments
-
-
-
Property, Plant, & Equipment (net)
$10,158,727
$13,729,832
+35%
Other Assets
$1,863,393
$397,211
-79%
Total Assets
$16,147,322
$19,049,579
+18%
Liabilities
2023
2024
Change
Payables & Accruals
$117,304
$144,720
+23%
Grants Payable
-
-
-
Deferred Revenue
$361,498
$94,039
-74%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,217,493
$6,751,723
+60%
Related-Party Payables
-
-
-
Other Liabilities
$1,096,490
$910,379
-17%
Total Liabilities
$5,792,785
$7,900,861
+36%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$10,354,537
$11,148,718
+8%
Net assets
2023
2024
Change
Net assets
+$10,354,537
+$11,148,718
+8%