Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$18,480,640
Property, Plant, & Equipment (net)
77%
Cash & Equivalents
11%
Receivables (Non-Related)
5%
Other Assets
3%
Inventories
2%
Prepaid Expenses
2%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,829,405
Notes Payable / Debt (Non-Related)
37%
Deferred Revenue
31%
Other Liabilities
18%
Payables & Accruals
14%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,110,397
$2,088,687
+88%
Receivables (Non-Related)
$775,912
$866,384
+12%
Related-Party Receivables
-
-
-
Inventories
$316,601
$359,433
+14%
Prepaid Expenses
$328,315
$356,797
+9%
Investments
-
-
-
Property, Plant, & Equipment (net)
$14,433,849
$14,206,475
-2%
Other Assets
$644,945
$602,864
-7%
Total Assets
$17,610,019
$18,480,640
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$604,293
$666,379
+10%
Grants Payable
-
-
-
Deferred Revenue
$1,357,721
$1,509,178
+11%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,087,139
$1,776,666
-15%
Related-Party Payables
-
-
-
Other Liabilities
$950,779
$877,182
-8%
Total Liabilities
$4,999,932
$4,829,405
-3%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$12,610,087
$13,651,235
+8%
Net assets
2023
2024
Change
Net assets
+$12,610,087
+$13,651,235
+8%