Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$66,472,609
Property, Plant, & Equipment (net)
36%
Receivables (Non-Related)
26%
Investments
16%
Cash & Equivalents
11%
Other Assets
8%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$28,807,319
Payables & Accruals
41%
Tax-Exempt Bond Liabilities
23%
Notes Payable / Debt (Non-Related)
21%
Deferred Revenue
8%
Other Liabilities
3%
Custodial & Escrow Liabilities
3%
Grants Payable
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,456,114
$7,631,201
+2%
Receivables (Non-Related)
$12,009,929
$17,497,072
+46%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$880,495
$1,273,918
+45%
Investments
$9,535,846
$10,448,663
+10%
Property, Plant, & Equipment (net)
$22,426,015
$23,998,886
+7%
Other Assets
$6,339,029
$5,622,869
-11%
Total Assets
$58,647,428
$66,472,609
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$10,798,617
$11,832,632
+10%
Grants Payable
-
-
-
Deferred Revenue
$830,040
$2,436,377
+194%
Tax-Exempt Bond Liabilities
$5,852,600
$6,642,400
+13%
Custodial & Escrow Liabilities
$725,079
$730,195
+1%
Notes Payable / Debt (Non-Related)
$4,855,569
$6,176,895
+27%
Related-Party Payables
$0
$0
-
Other Liabilities
$1,033,522
$988,820
-4%
Total Liabilities
$24,095,427
$28,807,319
+20%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$34,552,000
+$37,665,290
+9%