Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$46,851,215
Property, Plant, & Equipment (net)
84%
Cash & Equivalents
11%
Other Assets
3%
Prepaid Expenses
<1%
Inventories
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$8,402,170
Other Liabilities
63%
Payables & Accruals
23%
Notes Payable / Debt (Non-Related)
14%
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
$5,530,623
$5,364,805
-3%
Receivables (Non-Related)
$167,217
$190,253
+14%
Related-Party Receivables
$0
-
-
Inventories
$301,549
$290,938
-4%
Prepaid Expenses
$399,217
$411,879
+3%
Investments
-
-
-
Property, Plant, & Equipment (net)
$35,865,105
$39,375,310
+10%
Other Assets
$1,039,817
$1,218,030
+17%
Total Assets
$43,303,528
$46,851,215
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$155,436
$1,930,392
+1142%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,039,817
$1,218,030
+17%
Related-Party Payables
-
-
-
Other Liabilities
$5,287,548
$5,253,748
-1%
Total Liabilities
$6,482,801
$8,402,170
+30%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$36,820,727
$38,449,045
+4%
Net assets
2023
2024
Change
Net assets
+$36,820,727
+$38,449,045
+4%