Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$26,127,663
Property, Plant, & Equipment (net)
56%
Cash & Equivalents
22%
Receivables (Non-Related)
14%
Investments
6%
Other Assets
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$18,221,973
Notes Payable / Debt (Non-Related)
62%
Deferred Revenue
24%
Payables & Accruals
14%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,455,213
$5,618,977
+286%
Receivables (Non-Related)
$128,698
$3,772,405
+2831%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$34,697
$56,805
+64%
Investments
$3,467,192
$1,592,123
-54%
Property, Plant, & Equipment (net)
$893,192
$14,653,251
+1541%
Other Assets
$715,906
$434,102
-39%
Total Assets
$6,694,898
$26,127,663
+290%
Liabilities
2023
2024
Change
Payables & Accruals
$157,854
$2,571,185
+1529%
Grants Payable
-
-
-
Deferred Revenue
$1,868,715
$4,289,385
+130%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$11,303,267
-
Related-Party Payables
-
-
-
Other Liabilities
$445,414
$58,136
-87%
Total Liabilities
$2,471,983
$18,221,973
+637%
Net assets
2023
2024
Change
Restricted Net Assets
$211,511
$186,511
-12%
Unrestricted Net Assets
$4,011,404
$7,719,179
+92%
Net assets
2023
2024
Change
Net assets
+$4,222,915
+$7,905,690
+87%