Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$52,749,466
Receivables (Non-Related)
52%
Other Assets
20%
Property, Plant, & Equipment (net)
19%
Cash & Equivalents
7%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$7,811,433
Notes Payable / Debt (Non-Related)
71%
Other Liabilities
15%
Payables & Accruals
8%
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
$5,791,965
$3,448,924
-40%
Receivables (Non-Related)
$26,622,050
$27,354,641
+3%
Related-Party Receivables
-
-
-
Inventories
$1,101,899
$993,023
-10%
Prepaid Expenses
$98,167
$95,548
-3%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,112,591
$10,264,931
+68%
Other Assets
$6,976,917
$10,592,399
+52%
Total Assets
$46,703,589
$52,749,466
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$573,598
$634,980
+11%
Grants Payable
-
-
-
Deferred Revenue
$926,475
$431,949
-53%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,973,105
$5,561,029
+87%
Related-Party Payables
-
-
-
Other Liabilities
$927,824
$1,183,475
+28%
Total Liabilities
$5,401,002
$7,811,433
+45%
Net assets
2023
2024
Change
Restricted Net Assets
$4,762,689
$4,173,008
-12%
Unrestricted Net Assets
$36,539,898
$40,765,025
+12%
Net assets
2023
2024
Change
Net assets
+$41,302,587
+$44,938,033
+9%