Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$42,532,460
Property, Plant, & Equipment (net)
73%
Investments
15%
Cash & Equivalents
7%
Prepaid Expenses
2%
Receivables (Non-Related)
1%
Other Assets
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$45,684,552
Other Liabilities
66%
Notes Payable / Debt (Non-Related)
30%
Payables & Accruals
4%
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
$2,066,849
$3,185,883
+54%
Receivables (Non-Related)
$93,719
$600,382
+541%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$788,311
$754,618
-4%
Investments
$5,394,172
$6,286,893
+17%
Property, Plant, & Equipment (net)
$29,730,358
$31,135,141
+5%
Other Assets
$538,729
$569,543
+6%
Total Assets
$38,612,138
$42,532,460
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$1,088,403
$1,834,328
+69%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$11,299,224
$13,528,237
+20%
Related-Party Payables
-
-
-
Other Liabilities
$26,256,554
$30,321,987
+15%
Total Liabilities
$38,644,181
$45,684,552
+18%
Net assets
2023
2024
Change
Restricted Net Assets
$21,000
$21,000
+0%
Unrestricted Net Assets
-$53,043
-$3,173,092
-5882%
Net assets
2023
2024
Change
Net assets
-$32,043
-$3,152,092
-9737%