Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$82,593,970
Property, Plant, & Equipment (net)
73%
Receivables (Non-Related)
20%
Prepaid Expenses
3%
Other Assets
2%
Cash & Equivalents
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$24,355,229
Other Liabilities
38%
Notes Payable / Debt (Non-Related)
36%
Payables & Accruals
23%
Related-Party Payables
3%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,342,149
$1,449,957
+8%
Receivables (Non-Related)
$22,134,692
$16,578,396
-25%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$210,324
$2,547,645
+1111%
Investments
-
-
-
Property, Plant, & Equipment (net)
$57,937,714
$60,309,298
+4%
Other Assets
$3,392,135
$1,708,674
-50%
Total Assets
$85,017,014
$82,593,970
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$3,000,823
$5,565,539
+85%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$8,559,074
$8,746,578
+2%
Related-Party Payables
$825,987
$825,987
+0%
Other Liabilities
$11,548,719
$9,217,125
-20%
Total Liabilities
$23,934,603
$24,355,229
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$13,460,287
$13,216,811
-2%
Unrestricted Net Assets
$47,622,124
$45,021,930
-5%
Net assets
2023
2024
Change
Net assets
+$61,082,411
+$58,238,741
-5%