Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$24,839,244
Property, Plant, & Equipment (net)
50%
Cash & Equivalents
48%
Investments
1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$17,461,687
Notes Payable / Debt (Non-Related)
>99%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$182,076
$11,895,778
+6433%
Receivables (Non-Related)
$3,469
$450
-87%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$125,000
$125,000
+0%
Investments
$958,134
$360,000
-62%
Property, Plant, & Equipment (net)
$9,527,386
$12,458,016
+31%
Other Assets
$406,508
-
-
Total Assets
$11,202,573
$24,839,244
+122%
Liabilities
2023
2024
Change
Payables & Accruals
$53,972
$59,348
+10%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,592,620
$17,402,339
+279%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$4,646,592
$17,461,687
+276%
Net assets
2023
2024
Change
Restricted Net Assets
$854,070
$453,514
-47%
Unrestricted Net Assets
$5,701,911
$6,924,043
+21%
Net assets
2023
2024
Change
Net assets
+$6,555,981
+$7,377,557
+13%