Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$53,225,472
Property, Plant, & Equipment (net)
74%
Other Assets
16%
Cash & Equivalents
9%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$33,106,130
Notes Payable / Debt (Non-Related)
87%
Other Liabilities
10%
Payables & Accruals
3%
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
$31,283,034
$4,812,710
-85%
Receivables (Non-Related)
$527,652
$349,503
-34%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,054,551
$68,827
-93%
Investments
-
-
-
Property, Plant, & Equipment (net)
$9,908,352
$39,539,980
+299%
Other Assets
$6,849,487
$8,454,452
+23%
Total Assets
$49,623,076
$53,225,472
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$1,084,788
$1,127,190
+4%
Grants Payable
-
-
-
Deferred Revenue
$137,763
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,908,358
$28,643,289
+385%
Related-Party Payables
-
-
-
Other Liabilities
$21,982,530
$3,335,651
-85%
Total Liabilities
$29,113,439
$33,106,130
+14%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$20,509,637
$20,119,342
-2%
Net assets
2023
2024
Change
Net assets
+$20,509,637
+$20,119,342
-2%