Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$80,438,939
Other Assets
82%
Property, Plant, & Equipment (net)
15%
Receivables (Non-Related)
2%
Cash & Equivalents
1%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$89,472,814
Other Liabilities
79%
Payables & Accruals
18%
Notes Payable / Debt (Non-Related)
3%
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
$465,095
$811,239
+74%
Receivables (Non-Related)
$1,093,861
$1,372,067
+25%
Related-Party Receivables
-
-
-
Inventories
$358,181
$329,741
-8%
Prepaid Expenses
$42,189
$20,993
-50%
Investments
-
-
-
Property, Plant, & Equipment (net)
$12,706,022
$12,012,759
-5%
Other Assets
$68,887,237
$65,892,140
-4%
Total Assets
$83,552,585
$80,438,939
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$7,329,279
$15,850,795
+116%
Grants Payable
-
-
-
Deferred Revenue
$9,057,622
$510,568
-94%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,500,000
$2,425,000
-3%
Related-Party Payables
-
-
-
Other Liabilities
$73,114,970
$70,686,451
-3%
Total Liabilities
$92,001,871
$89,472,814
-3%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$8,449,286
-$9,033,875
-7%
Net assets
2023
2024
Change
Net assets
-$8,449,286
-$9,033,875
-7%