Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$15,553,998
Property, Plant, & Equipment (net)
65%
Receivables (Non-Related)
20%
Other Assets
8%
Cash & Equivalents
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,484,272
Other Liabilities
51%
Payables & Accruals
39%
Deferred Revenue
10%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,194,897
$923,713
-23%
Receivables (Non-Related)
$3,099,901
$3,132,192
+1%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$95,784
$120,989
+26%
Investments
-
-
-
Property, Plant, & Equipment (net)
$9,258,642
$10,104,605
+9%
Other Assets
$2,738,770
$1,272,499
-54%
Total Assets
$16,387,994
$15,553,998
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$879,909
$1,756,288
+100%
Grants Payable
-
-
-
Deferred Revenue
$416,520
$429,658
+3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$906,787
-
-
Related-Party Payables
-
-
-
Other Liabilities
$4,345,727
$2,298,326
-47%
Total Liabilities
$6,548,943
$4,484,272
-32%
Net assets
2023
2024
Change
Restricted Net Assets
$7,913,081
$9,450,095
+19%
Unrestricted Net Assets
$1,925,970
$1,619,631
-16%
Net assets
2023
2024
Change
Net assets
+$9,839,051
+$11,069,726
+13%