Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$16,763,017
Property, Plant, & Equipment (net)
81%
Cash & Equivalents
18%
Inventories
1%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,690,643
Notes Payable / Debt (Non-Related)
64%
Deferred Revenue
35%
Payables & Accruals
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,859,470
$2,939,951
+3%
Receivables (Non-Related)
$100,000
-
-
Related-Party Receivables
-
-
-
Inventories
$158,358
$232,574
+47%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$13,525,956
$13,589,826
+0%
Other Assets
-
$666
-
Total Assets
$16,643,784
$16,763,017
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$269
$36,926
+13627%
Grants Payable
-
-
-
Deferred Revenue
$1,383,349
$1,287,054
-7%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,178,462
$2,366,663
+9%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,562,080
$3,690,643
+4%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$13,081,704
+$13,072,374
0%