Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$36,831,760
Property, Plant, & Equipment (net)
69%
Other Assets
23%
Prepaid Expenses
5%
Cash & Equivalents
2%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$38,022,981
Notes Payable / Debt (Non-Related)
73%
Other Liabilities
25%
Deferred Revenue
1%
Payables & Accruals
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,140,858
$789,500
-31%
Receivables (Non-Related)
$228,027
$252,730
+11%
Related-Party Receivables
-
-
-
Inventories
$28,575
$33,147
+16%
Prepaid Expenses
$1,626,187
$2,020,382
+24%
Investments
-
-
-
Property, Plant, & Equipment (net)
$26,772,211
$25,351,503
-5%
Other Assets
$2,425,874
$8,384,498
+246%
Total Assets
$32,221,732
$36,831,760
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$392,785
$324,824
-17%
Grants Payable
-
-
-
Deferred Revenue
$150,049
$401,933
+168%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$28,705,704
$27,702,927
-3%
Related-Party Payables
-
-
-
Other Liabilities
$2,548,584
$9,593,297
+276%
Total Liabilities
$31,797,122
$38,022,981
+20%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$424,610
-$1,191,221
-381%
Net assets
2023
2024
Change
Net assets
+$424,610
-$1,191,221
-381%