Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$54,729,191
Property, Plant, & Equipment (net)
69%
Investments
20%
Receivables (Non-Related)
6%
Cash & Equivalents
2%
Prepaid Expenses
2%
Inventories
1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,667,164
Payables & Accruals
65%
Deferred Revenue
27%
Other Liabilities
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,886,602
$1,264,591
-56%
Receivables (Non-Related)
$3,046,655
$3,026,521
-1%
Related-Party Receivables
-
-
-
Inventories
$743,245
$779,330
+5%
Prepaid Expenses
$1,265,713
$982,253
-22%
Investments
$10,044,924
$10,682,285
+6%
Property, Plant, & Equipment (net)
$35,254,267
$37,994,211
+8%
Other Assets
-
-
-
Total Assets
$53,241,406
$54,729,191
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$2,031,199
$2,391,581
+18%
Grants Payable
-
-
-
Deferred Revenue
$947,109
$996,758
+5%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$224,176
$278,825
+24%
Total Liabilities
$3,202,484
$3,667,164
+15%
Net assets
2023
2024
Change
Restricted Net Assets
$187,323
$187,323
+0%
Unrestricted Net Assets
$49,851,599
$50,874,704
+2%
Net assets
2023
2024
Change
Net assets
+$50,038,922
+$51,062,027
+2%