Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$32,994,793
Property, Plant, & Equipment (net)
54%
Cash & Equivalents
26%
Receivables (Non-Related)
13%
Other Assets
4%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$27,840,933
Other Liabilities
96%
Payables & Accruals
4%
Notes Payable / Debt (Non-Related)
<1%
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
$5,553,086
$8,724,460
+57%
Receivables (Non-Related)
$3,549,723
$4,279,284
+21%
Related-Party Receivables
$5,130
$0
-100%
Inventories
$530,732
$578,545
+9%
Prepaid Expenses
$165,082
$163,006
-1%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$18,970,472
$17,961,202
-5%
Other Assets
$4,637,880
$1,288,296
-72%
Total Assets
$33,412,105
$32,994,793
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$158,205
$1,191,259
+653%
Grants Payable
-
$0
-
Deferred Revenue
-
$0
-
Tax-Exempt Bond Liabilities
$20,951,191
$0
-100%
Custodial & Escrow Liabilities
-
$0
-
Notes Payable / Debt (Non-Related)
$48,656
$34,564
-29%
Related-Party Payables
-
$0
-
Other Liabilities
$4,966,672
$26,615,110
+436%
Total Liabilities
$26,124,724
$27,840,933
+7%
Net assets
2023
2024
Change
Restricted Net Assets
-
$0
-
Unrestricted Net Assets
$7,287,381
$5,153,860
-29%
Net assets
2023
2024
Change
Net assets
+$7,287,381
+$5,153,860
-29%