Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$21,384,043
Property, Plant, & Equipment (net)
46%
Receivables (Non-Related)
44%
Cash & Equivalents
6%
Other Assets
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$14,013,055
Notes Payable / Debt (Non-Related)
57%
Other Liabilities
23%
Payables & Accruals
18%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,779,083
$1,281,166
-28%
Receivables (Non-Related)
$5,991,152
$9,484,558
+58%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$43,684
$112,619
+158%
Investments
-
-
-
Property, Plant, & Equipment (net)
$9,130,979
$9,815,704
+7%
Other Assets
$320,359
$689,996
+115%
Total Assets
$17,265,257
$21,384,043
+24%
Liabilities
2023
2024
Change
Payables & Accruals
$2,324,993
$2,517,516
+8%
Grants Payable
-
-
-
Deferred Revenue
$357,965
$284,862
-20%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,162,121
$7,971,088
+11%
Related-Party Payables
-
-
-
Other Liabilities
$159,893
$3,239,589
+1926%
Total Liabilities
$10,004,972
$14,013,055
+40%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$7,260,285
$7,370,988
+2%
Net assets
2023
2024
Change
Net assets
+$7,260,285
+$7,370,988
+2%