Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$119,039,349
Investments
35%
Receivables (Non-Related)
27%
Property, Plant, & Equipment (net)
23%
Cash & Equivalents
7%
Other Assets
7%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$17,366,395
Payables & Accruals
38%
Other Liabilities
26%
Deferred Revenue
25%
Notes Payable / Debt (Non-Related)
11%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$10,177,895
$8,660,808
-15%
Receivables (Non-Related)
$19,573,297
$31,623,046
+62%
Related-Party Receivables
-
-
-
Inventories
$754,654
$1,159,452
+54%
Prepaid Expenses
$1,163,922
$1,053,007
-10%
Investments
$35,053,110
$41,240,928
+18%
Property, Plant, & Equipment (net)
$24,592,907
$27,101,648
+10%
Other Assets
$8,847,266
$8,200,460
-7%
Total Assets
$100,163,051
$119,039,349
+19%
Liabilities
2023
2024
Change
Payables & Accruals
$7,061,048
$6,617,289
-6%
Grants Payable
-
-
-
Deferred Revenue
$3,854,458
$4,295,388
+11%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,293,593
$1,987,917
-13%
Related-Party Payables
-
-
-
Other Liabilities
$8,360,188
$4,465,801
-47%
Total Liabilities
$21,569,287
$17,366,395
-19%
Net assets
2023
2024
Change
Restricted Net Assets
$6,000,000
$6,000,000
+0%
Unrestricted Net Assets
$72,593,764
$95,672,954
+32%
Net assets
2023
2024
Change
Net assets
+$78,593,764
+$101,672,954
+29%