Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$51,235,771
Receivables (Non-Related)
28%
Property, Plant, & Equipment (net)
24%
Cash & Equivalents
24%
Investments
22%
Other Assets
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$7,519,318
Payables & Accruals
62%
Notes Payable / Debt (Non-Related)
35%
Deferred Revenue
2%
Other Liabilities
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$10,895,833
$12,508,596
+15%
Receivables (Non-Related)
$13,557,015
$14,414,826
+6%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$54,893
$18,560
-66%
Investments
$10,669,682
$11,073,023
+4%
Property, Plant, & Equipment (net)
$9,955,133
$12,533,005
+26%
Other Assets
$198,721
$687,761
+246%
Total Assets
$45,331,277
$51,235,771
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$3,055,031
$4,659,070
+53%
Grants Payable
-
-
-
Deferred Revenue
$147,043
$145,953
-1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,901,760
$2,598,506
-10%
Related-Party Payables
-
-
-
Other Liabilities
$296,682
$115,789
-61%
Total Liabilities
$6,400,516
$7,519,318
+17%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$38,930,761
$43,716,453
+12%
Net assets
2023
2024
Change
Net assets
+$38,930,761
+$43,716,453
+12%