Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$43,672,583
Property, Plant, & Equipment (net)
57%
Cash & Equivalents
22%
Receivables (Non-Related)
12%
Other Assets
5%
Inventories
2%
Investments
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$18,751,992
Notes Payable / Debt (Non-Related)
78%
Payables & Accruals
13%
Other Liabilities
6%
Deferred Revenue
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$9,061,112
$9,657,683
+7%
Receivables (Non-Related)
$4,588,197
$5,183,047
+13%
Related-Party Receivables
-
-
-
Inventories
$323,021
$1,010,262
+213%
Prepaid Expenses
$138,532
$236,841
+71%
Investments
$78,458
$251,126
+220%
Property, Plant, & Equipment (net)
$23,358,590
$25,009,189
+7%
Other Assets
$2,111,556
$2,324,435
+10%
Total Assets
$39,659,466
$43,672,583
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$1,601,244
$2,494,220
+56%
Grants Payable
-
-
-
Deferred Revenue
$289,403
$584,489
+102%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$14,489,983
$14,539,430
+0%
Related-Party Payables
-
-
-
Other Liabilities
$1,348,581
$1,133,853
-16%
Total Liabilities
$17,729,211
$18,751,992
+6%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$21,930,255
$24,920,591
+14%
Net assets
2023
2024
Change
Net assets
+$21,930,255
+$24,920,591
+14%