Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$18,689,708
Property, Plant, & Equipment (net)
60%
Receivables (Non-Related)
23%
Cash & Equivalents
16%
Prepaid Expenses
<1%
Investments
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$3,060,970
Payables & Accruals
38%
Deferred Revenue
36%
Notes Payable / Debt (Non-Related)
25%
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
$3,172,618
$2,951,780
-7%
Receivables (Non-Related)
$1,410,570
$4,273,026
+203%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$88,980
$104,370
+17%
Investments
$54,088
$69,072
+28%
Property, Plant, & Equipment (net)
$8,219,518
$11,261,376
+37%
Other Assets
$39,257
$30,084
-23%
Total Assets
$12,985,031
$18,689,708
+44%
Liabilities
2023
2024
Change
Payables & Accruals
$626,798
$1,148,419
+83%
Grants Payable
-
-
-
Deferred Revenue
$54,395
$1,105,138
+1932%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$416,376
$777,789
+87%
Related-Party Payables
-
-
-
Other Liabilities
$39,252
$29,624
-25%
Total Liabilities
$1,136,821
$3,060,970
+169%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$11,848,210
$15,628,738
+32%
Net assets
2023
2024
Change
Net assets
+$11,848,210
+$15,628,738
+32%