Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$31,878,188
Receivables (Non-Related)
60%
Cash & Equivalents
32%
Property, Plant, & Equipment (net)
5%
Other Assets
2%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$17,705,247
Notes Payable / Debt (Non-Related)
97%
Deferred Revenue
2%
Payables & Accruals
1%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,835,950
$10,245,560
+167%
Receivables (Non-Related)
$21,974,812
$19,177,569
-13%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$1,712,226
$1,683,928
-2%
Other Assets
$257,750
$771,131
+199%
Total Assets
$27,780,738
$31,878,188
+15%
Liabilities
2023
2024
Change
Payables & Accruals
$211,089
$221,489
+5%
Grants Payable
-
-
-
Deferred Revenue
$265,639
$265,639
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$13,731,313
$17,124,460
+25%
Related-Party Payables
-
-
-
Other Liabilities
$35,095
$93,659
+167%
Total Liabilities
$14,243,136
$17,705,247
+24%
Net assets
2023
2024
Change
Restricted Net Assets
$1,300,000
$2,666,290
+105%
Unrestricted Net Assets
$12,237,602
$11,506,651
-6%
Net assets
2023
2024
Change
Net assets
+$13,537,602
+$14,172,941
+5%