Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$41,974,162
Property, Plant, & Equipment (net)
44%
Investments
32%
Receivables (Non-Related)
17%
Cash & Equivalents
7%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$12,460,527
Notes Payable / Debt (Non-Related)
94%
Payables & Accruals
3%
Deferred Revenue
1%
Other Liabilities
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,177,789
$2,842,708
+31%
Receivables (Non-Related)
$7,085,000
$7,085,000
+0%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$15,344
$15,800
+3%
Investments
$12,137,514
$13,370,648
+10%
Property, Plant, & Equipment (net)
$19,164,040
$18,606,339
-3%
Other Assets
$52,500
$53,667
+2%
Total Assets
$40,632,187
$41,974,162
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$839,241
$341,344
-59%
Grants Payable
-
-
-
Deferred Revenue
$184,001
$184,001
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$13,491,408
$11,751,182
-13%
Related-Party Payables
-
-
-
Other Liabilities
$184,000
$184,000
+0%
Total Liabilities
$14,698,650
$12,460,527
-15%
Net assets
2023
2024
Change
Restricted Net Assets
$1,419,621
$1,402,798
-1%
Unrestricted Net Assets
$24,513,916
$28,110,837
+15%
Net assets
2023
2024
Change
Net assets
+$25,933,537
+$29,513,635
+14%