Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$21,487,391
Receivables (Non-Related)
57%
Property, Plant, & Equipment (net)
34%
Other Assets
6%
Cash & Equivalents
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,902,946
Notes Payable / Debt (Non-Related)
93%
Deferred Revenue
6%
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
$1,304,433
$813,093
-38%
Receivables (Non-Related)
$10,033,869
$12,190,530
+21%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$14,212
$17,364
+22%
Investments
-
-
-
Property, Plant, & Equipment (net)
$7,446,979
$7,263,112
-2%
Other Assets
$869,878
$1,203,292
+38%
Total Assets
$19,669,371
$21,487,391
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$169,642
$53,519
-68%
Grants Payable
-
-
-
Deferred Revenue
$271,055
$412,945
+52%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,192,579
$6,397,193
+3%
Related-Party Payables
-
-
-
Other Liabilities
$34,137
$39,289
+15%
Total Liabilities
$6,667,413
$6,902,946
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$583,149
$570,000
-2%
Unrestricted Net Assets
$12,418,809
$14,014,445
+13%
Net assets
2023
2024
Change
Net assets
+$13,001,958
+$14,584,445
+12%