Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$29,083,530
Property, Plant, & Equipment (net)
78%
Other Assets
9%
Cash & Equivalents
9%
Receivables (Non-Related)
4%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$9,589,319
Notes Payable / Debt (Non-Related)
41%
Deferred Revenue
40%
Payables & Accruals
10%
Other Liabilities
9%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,229,600
$2,526,666
-40%
Receivables (Non-Related)
$1,501,236
$1,108,892
-26%
Related-Party Receivables
-
-
-
Inventories
$116,034
$119,381
+3%
Prepaid Expenses
$162,440
$184,352
+13%
Investments
-
-
-
Property, Plant, & Equipment (net)
$15,226,567
$22,595,774
+48%
Other Assets
$2,231,217
$2,548,465
+14%
Total Assets
$23,467,094
$29,083,530
+24%
Liabilities
2023
2024
Change
Payables & Accruals
$1,186,712
$986,426
-17%
Grants Payable
-
-
-
Deferred Revenue
$3,377,771
$3,843,558
+14%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,635,061
$3,928,325
+140%
Related-Party Payables
-
-
-
Other Liabilities
$784,199
$831,010
+6%
Total Liabilities
$6,983,743
$9,589,319
+37%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$16,483,351
$19,494,211
+18%
Net assets
2023
2024
Change
Net assets
+$16,483,351
+$19,494,211
+18%