Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$56,453,106
Receivables (Non-Related)
52%
Property, Plant, & Equipment (net)
16%
Cash & Equivalents
16%
Investments
8%
Other Assets
7%
Related-Party Receivables
1%
Prepaid Expenses
<1%
Inventories
0%
Liabilities in 2024 (Year End)
$15,878,547
Notes Payable / Debt (Non-Related)
91%
Payables & Accruals
9%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$13,272,397
$9,140,990
-31%
Receivables (Non-Related)
$29,251,232
$29,148,233
0%
Related-Party Receivables
$347,997
$672,174
+93%
Inventories
-
-
-
Prepaid Expenses
$126,268
$114,499
-9%
Investments
$2,860,762
$4,333,433
+51%
Property, Plant, & Equipment (net)
$6,369,573
$9,288,262
+46%
Other Assets
$2,803,580
$3,755,515
+34%
Total Assets
$55,031,809
$56,453,106
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$1,288,803
$1,360,941
+6%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$14,554,036
$14,440,867
-1%
Related-Party Payables
-
-
-
Other Liabilities
$76,558
$76,739
+0%
Total Liabilities
$15,919,397
$15,878,547
0%
Net assets
2023
2024
Change
Restricted Net Assets
$2,330,262
$3,530,262
+51%
Unrestricted Net Assets
$36,782,150
$37,044,297
+1%
Net assets
2023
2024
Change
Net assets
+$39,112,412
+$40,574,559
+4%