Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$20,941,687
Property, Plant, & Equipment (net)
87%
Cash & Equivalents
13%
Other Assets
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$13,912,437
Notes Payable / Debt (Non-Related)
65%
Payables & Accruals
33%
Other Liabilities
2%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,790,501
$2,708,423
-3%
Receivables (Non-Related)
$9,539
$12,497
+31%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$55,252
$49,191
-11%
Investments
-
-
-
Property, Plant, & Equipment (net)
$18,822,969
$18,121,291
-4%
Other Assets
$50,286
$50,285
0%
Total Assets
$21,728,547
$20,941,687
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$4,318,961
$4,616,485
+7%
Grants Payable
-
-
-
Deferred Revenue
$14,295
$30,449
+113%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$9,610,211
$9,056,406
-6%
Related-Party Payables
-
-
-
Other Liabilities
$199,180
$209,097
+5%
Total Liabilities
$14,142,647
$13,912,437
-2%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$7,585,900
$7,029,250
-7%
Net assets
2023
2024
Change
Net assets
+$7,585,900
+$7,029,250
-7%