Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$23,035,823
Property, Plant, & Equipment (net)
53%
Receivables (Non-Related)
18%
Cash & Equivalents
17%
Other Assets
5%
Investments
4%
Inventories
1%
Prepaid Expenses
1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$7,289,417
Payables & Accruals
41%
Notes Payable / Debt (Non-Related)
28%
Other Liabilities
18%
Tax-Exempt Bond Liabilities
7%
Deferred Revenue
6%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,681,088
$3,806,654
+126%
Receivables (Non-Related)
$2,849,928
$4,201,771
+47%
Related-Party Receivables
-
-
-
Inventories
$378,478
$325,045
-14%
Prepaid Expenses
$64,735
$317,403
+390%
Investments
$1,327,192
$986,299
-26%
Property, Plant, & Equipment (net)
$13,091,723
$12,157,754
-7%
Other Assets
$2,363,249
$1,240,897
-47%
Total Assets
$21,756,393
$23,035,823
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$3,087,283
$2,986,840
-3%
Grants Payable
-
-
-
Deferred Revenue
$315,913
$432,568
+37%
Tax-Exempt Bond Liabilities
$850,660
$527,655
-38%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,122,240
$2,042,400
-4%
Related-Party Payables
-
-
-
Other Liabilities
$1,619,645
$1,299,954
-20%
Total Liabilities
$7,995,741
$7,289,417
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$1,591,863
$2,864,629
+80%
Unrestricted Net Assets
$12,168,789
$12,881,777
+6%
Net assets
2023
2024
Change
Net assets
+$13,760,652
+$15,746,406
+14%