Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$49,066,138
Property, Plant, & Equipment (net)
63%
Investments
27%
Cash & Equivalents
6%
Other Assets
3%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$15,797,453
Notes Payable / Debt (Non-Related)
78%
Other Liabilities
10%
Payables & Accruals
7%
Deferred Revenue
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,270,424
$2,996,251
-8%
Receivables (Non-Related)
$755,700
$428,718
-43%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$175,207
$100,239
-43%
Investments
$11,110,583
$13,142,475
+18%
Property, Plant, & Equipment (net)
$31,485,269
$31,071,231
-1%
Other Assets
$1,187,337
$1,327,224
+12%
Total Assets
$47,984,520
$49,066,138
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$1,565,747
$1,107,954
-29%
Grants Payable
-
-
-
Deferred Revenue
$857,264
$885,197
+3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$12,640,991
$12,287,936
-3%
Related-Party Payables
-
-
-
Other Liabilities
$1,393,919
$1,516,366
+9%
Total Liabilities
$16,457,921
$15,797,453
-4%
Net assets
2023
2024
Change
Restricted Net Assets
$10,453,763
$10,968,804
+5%
Unrestricted Net Assets
$21,072,836
$22,299,881
+6%
Net assets
2023
2024
Change
Net assets
+$31,526,599
+$33,268,685
+6%