Balance Sheet

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Assets in 2024 (Year End)
$19,991,968
Property, Plant, & Equipment (net)
79%
Cash & Equivalents
5%
Investments
5%
Receivables (Non-Related)
4%
Other Assets
3%
Inventories
2%
Prepaid Expenses
2%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$13,755,250
Notes Payable / Debt (Non-Related)
80%
Other Liabilities
11%
Payables & Accruals
6%
Deferred Revenue
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,569,085
$1,046,163
-59%
Receivables (Non-Related)
$899,583
$870,630
-3%
Related-Party Receivables
-
-
-
Inventories
$462,495
$491,731
+6%
Prepaid Expenses
$314,915
$322,203
+2%
Investments
$716,766
$920,844
+28%
Property, Plant, & Equipment (net)
$7,455,388
$15,738,533
+111%
Other Assets
$55,228
$601,864
+990%
Total Assets
$12,473,460
$19,991,968
+60%
Liabilities
2023
2024
Change
Payables & Accruals
$621,267
$803,841
+29%
Grants Payable
-
-
-
Deferred Revenue
$1,271,316
$475,628
-63%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,637,684
$10,959,073
+136%
Related-Party Payables
-
-
-
Other Liabilities
$770,494
$1,516,708
+97%
Total Liabilities
$7,300,761
$13,755,250
+88%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$5,172,699
$6,236,718
+21%
Net assets
2023
2024
Change
Net assets
+$5,172,699
+$6,236,718
+21%