Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$118,153,697
Property, Plant, & Equipment (net)
71%
Cash & Equivalents
11%
Inventories
10%
Prepaid Expenses
3%
Other Assets
2%
Receivables (Non-Related)
2%
Investments
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$98,496,154
Notes Payable / Debt (Non-Related)
54%
Tax-Exempt Bond Liabilities
25%
Deferred Revenue
13%
Payables & Accruals
6%
Other Liabilities
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,890,701
$12,985,583
+166%
Receivables (Non-Related)
$2,706,490
$2,337,803
-14%
Related-Party Receivables
-
-
-
Inventories
$11,436,401
$11,436,401
+0%
Prepaid Expenses
$2,972,998
$4,124,768
+39%
Investments
$2,845
$797,265
+27923%
Property, Plant, & Equipment (net)
$70,554,702
$83,751,846
+19%
Other Assets
$3,111,607
$2,720,031
-13%
Total Assets
$95,675,744
$118,153,697
+23%
Liabilities
2023
2024
Change
Payables & Accruals
$8,409,515
$6,085,413
-28%
Grants Payable
-
-
-
Deferred Revenue
$12,783,380
$12,980,865
+2%
Tax-Exempt Bond Liabilities
$31,637,700
$24,333,238
-23%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$28,224,950
$53,230,130
+89%
Related-Party Payables
-
-
-
Other Liabilities
$1,661,449
$1,866,508
+12%
Total Liabilities
$82,716,994
$98,496,154
+19%
Net assets
2023
2024
Change
Restricted Net Assets
$1,681,637
$1,678,691
0%
Unrestricted Net Assets
$11,277,113
$17,978,852
+59%
Net assets
2023
2024
Change
Net assets
+$12,958,750
+$19,657,543
+52%