Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$14,315,381
Property, Plant, & Equipment (net)
56%
Other Assets
30%
Cash & Equivalents
12%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$9,437,079
Other Liabilities
59%
Notes Payable / Debt (Non-Related)
32%
Deferred Revenue
6%
Payables & Accruals
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,142,510
$1,753,568
+53%
Receivables (Non-Related)
$698,479
$107,268
-85%
Related-Party Receivables
-
-
-
Inventories
$25,486
$52,355
+105%
Prepaid Expenses
$129,117
$189,080
+46%
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,893,236
$7,946,965
-11%
Other Assets
$5,147,303
$4,266,145
-17%
Total Assets
$16,036,131
$14,315,381
-11%
Liabilities
2023
2024
Change
Payables & Accruals
$240,970
$266,603
+11%
Grants Payable
-
-
-
Deferred Revenue
$347,932
$530,459
+52%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,491,108
$3,033,848
-13%
Related-Party Payables
-
-
-
Other Liabilities
$6,700,114
$5,606,169
-16%
Total Liabilities
$10,780,124
$9,437,079
-12%
Net assets
2023
2024
Change
Restricted Net Assets
$781,091
$103,164
-87%
Unrestricted Net Assets
$4,474,916
$4,775,138
+7%
Net assets
2023
2024
Change
Net assets
+$5,256,007
+$4,878,302
-7%