Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$53,734,346
Property, Plant, & Equipment (net)
30%
Investments
29%
Receivables (Non-Related)
24%
Cash & Equivalents
8%
Other Assets
7%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$18,374,396
Payables & Accruals
50%
Notes Payable / Debt (Non-Related)
32%
Other Liabilities
8%
Custodial & Escrow Liabilities
6%
Deferred Revenue
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,151,714
$4,313,402
+275%
Receivables (Non-Related)
$5,342,719
$12,632,213
+136%
Related-Party Receivables
-
-
-
Inventories
$922,512
$862,849
-6%
Prepaid Expenses
$251,509
$319,900
+27%
Investments
$13,933,082
$15,721,775
+13%
Property, Plant, & Equipment (net)
$11,251,936
$16,104,429
+43%
Other Assets
$3,695,230
$3,779,778
+2%
Total Assets
$36,548,702
$53,734,346
+47%
Liabilities
2023
2024
Change
Payables & Accruals
$5,748,433
$9,193,803
+60%
Grants Payable
-
-
-
Deferred Revenue
-
$631,291
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$949,791
$1,175,132
+24%
Notes Payable / Debt (Non-Related)
$1,938,360
$5,967,255
+208%
Related-Party Payables
-
-
-
Other Liabilities
$2,722,204
$1,406,915
-48%
Total Liabilities
$11,358,788
$18,374,396
+62%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$25,189,914
$35,359,950
+40%
Net assets
2023
2024
Change
Net assets
+$25,189,914
+$35,359,950
+40%