Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$35,249,656
Property, Plant, & Equipment (net)
76%
Receivables (Non-Related)
19%
Cash & Equivalents
3%
Inventories
1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$12,748,891
Deferred Revenue
48%
Notes Payable / Debt (Non-Related)
31%
Other Liabilities
13%
Payables & Accruals
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$663,793
$1,148,307
+73%
Receivables (Non-Related)
$6,479,240
$6,842,582
+6%
Related-Party Receivables
-
-
-
Inventories
$165,661
$378,013
+128%
Prepaid Expenses
$56,689
$63,978
+13%
Investments
-
-
-
Property, Plant, & Equipment (net)
$25,729,708
$26,758,001
+4%
Other Assets
$113,520
$58,775
-48%
Total Assets
$33,208,611
$35,249,656
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$1,081,586
$992,768
-8%
Grants Payable
-
-
-
Deferred Revenue
$5,889,822
$6,078,043
+3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,497,535
$3,962,483
-28%
Related-Party Payables
-
-
-
Other Liabilities
$930,100
$1,715,597
+84%
Total Liabilities
$13,399,043
$12,748,891
-5%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$19,809,568
$22,500,765
+14%
Net assets
2023
2024
Change
Net assets
+$19,809,568
+$22,500,765
+14%