Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$101,385,189
Other Assets
51%
Property, Plant, & Equipment (net)
27%
Cash & Equivalents
22%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$105,873,259
Notes Payable / Debt (Non-Related)
73%
Other Liabilities
27%
Payables & Accruals
<1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$18,242,729
$21,933,282
+20%
Receivables (Non-Related)
$361,134
$161,961
-55%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$290,945
$333,877
+15%
Investments
-
-
-
Property, Plant, & Equipment (net)
$28,372,356
$27,566,925
-3%
Other Assets
$78,056,457
$51,389,144
-34%
Total Assets
$125,323,621
$101,385,189
-19%
Liabilities
2023
2024
Change
Payables & Accruals
$1,252,731
$785,737
-37%
Grants Payable
-
-
-
Deferred Revenue
$24,761
$17,722
-28%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$97,059,643
$76,839,104
-21%
Related-Party Payables
-
-
-
Other Liabilities
$30,202,566
$28,230,696
-7%
Total Liabilities
$128,539,701
$105,873,259
-18%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$3,216,080
-$4,488,070
-40%
Net assets
2023
2024
Change
Net assets
-$3,216,080
-$4,488,070
-40%