Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$55,974,808
Receivables (Non-Related)
65%
Property, Plant, & Equipment (net)
26%
Other Assets
6%
Prepaid Expenses
2%
Cash & Equivalents
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$35,892,441
Payables & Accruals
45%
Notes Payable / Debt (Non-Related)
33%
Other Liabilities
21%
Custodial & Escrow Liabilities
<1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,130,724
$704,763
-38%
Receivables (Non-Related)
$37,923,133
$36,531,261
-4%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$742,680
$963,549
+30%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$15,695,889
$14,297,463
-9%
Other Assets
$4,048,007
$3,477,772
-14%
Total Assets
$59,540,433
$55,974,808
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$14,935,177
$16,159,433
+8%
Grants Payable
-
$0
-
Deferred Revenue
$125,786
$125,786
+0%
Tax-Exempt Bond Liabilities
-
$0
-
Custodial & Escrow Liabilities
$424,974
$305,472
-28%
Notes Payable / Debt (Non-Related)
$23,162,416
$11,752,796
-49%
Related-Party Payables
-
$0
-
Other Liabilities
$3,451,600
$7,548,954
+119%
Total Liabilities
$42,099,953
$35,892,441
-15%
Net assets
2023
2024
Change
Restricted Net Assets
-
$0
-
Unrestricted Net Assets
$17,440,480
$20,082,367
+15%
Net assets
2023
2024
Change
Net assets
+$17,440,480
+$20,082,367
+15%