Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$42,435,763
Property, Plant, & Equipment (net)
84%
Receivables (Non-Related)
12%
Cash & Equivalents
4%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$5,896,533
Notes Payable / Debt (Non-Related)
85%
Payables & Accruals
10%
Other Liabilities
5%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$2,460,084
$1,648,715
-33%
Receivables (Non-Related)
$8,818,297
$4,935,214
-44%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$24,096
$17,096
-29%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$36,067,938
$35,813,795
-1%
Other Assets
$15,103
$20,943
+39%
Total Assets
$47,385,518
$42,435,763
-10%
Liabilities
2023
2024
Change
Payables & Accruals
$139,522
$610,394
+337%
Grants Payable
-
-
-
Deferred Revenue
$148,621
$20,533
-86%
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
$9,557,266
$5,000,000
-48%
Related-Party Payables
$0
$0
-
Other Liabilities
$271,428
$265,606
-2%
Total Liabilities
$10,116,837
$5,896,533
-42%
Net assets
2023
2024
Change
Restricted Net Assets
$9,238,575
$4,851,266
-47%
Unrestricted Net Assets
$28,030,106
$31,687,964
+13%
Net assets
2023
2024
Change
Net assets
+$37,268,681
+$36,539,230
-2%