Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$5,512,319
Property, Plant, & Equipment (net)
73%
Cash & Equivalents
19%
Inventories
5%
Prepaid Expenses
2%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,568,992
Notes Payable / Debt (Non-Related)
73%
Deferred Revenue
23%
Payables & Accruals
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$983,365
$1,049,193
+7%
Receivables (Non-Related)
$42,492
$42,544
+0%
Related-Party Receivables
-
-
-
Inventories
$286,378
$290,088
+1%
Prepaid Expenses
$89,741
$124,318
+39%
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,600,355
$4,006,176
-13%
Other Assets
-
-
-
Total Assets
$6,002,331
$5,512,319
-8%
Liabilities
2023
2024
Change
Payables & Accruals
$43,652
$144,432
+231%
Grants Payable
-
-
-
Deferred Revenue
$695,312
$804,560
+16%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,125,000
$2,620,000
-16%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,863,964
$3,568,992
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$99,990
$106,645
+7%
Unrestricted Net Assets
$2,038,377
$1,836,682
-10%
Net assets
2023
2024
Change
Net assets
+$2,138,367
+$1,943,327
-9%