Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$58,530,661
Other Assets
47%
Receivables (Non-Related)
19%
Property, Plant, & Equipment (net)
19%
Cash & Equivalents
7%
Investments
4%
Inventories
3%
Prepaid Expenses
1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$26,699,660
Payables & Accruals
58%
Other Liabilities
38%
Notes Payable / Debt (Non-Related)
4%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,129,630
$4,055,745
+90%
Receivables (Non-Related)
$3,749,674
$11,396,552
+204%
Related-Party Receivables
-
-
-
Inventories
$1,433,750
$1,588,955
+11%
Prepaid Expenses
$1,002,207
$728,581
-27%
Investments
$1,959,126
$2,172,393
+11%
Property, Plant, & Equipment (net)
$10,422,662
$11,094,486
+6%
Other Assets
$28,930,591
$27,493,949
-5%
Total Assets
$49,627,640
$58,530,661
+18%
Liabilities
2023
2024
Change
Payables & Accruals
$13,611,404
$15,520,249
+14%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,639,913
$949,896
-42%
Related-Party Payables
-
-
-
Other Liabilities
$9,642,525
$10,229,515
+6%
Total Liabilities
$24,893,842
$26,699,660
+7%
Net assets
2023
2024
Change
Restricted Net Assets
$4,549,028
$5,088,435
+12%
Unrestricted Net Assets
$20,184,770
$26,742,566
+32%
Net assets
2023
2024
Change
Net assets
+$24,733,798
+$31,831,001
+29%