Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$28,095,584
Property, Plant, & Equipment (net)
64%
Other Assets
23%
Cash & Equivalents
10%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$11,880,882
Tax-Exempt Bond Liabilities
81%
Payables & Accruals
12%
Other Liabilities
6%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,434,644
$2,948,551
-54%
Receivables (Non-Related)
$680,531
$606,306
-11%
Related-Party Receivables
-
-
-
Inventories
$31,340
$31,340
+0%
Prepaid Expenses
$109,390
$78,991
-28%
Investments
-
-
-
Property, Plant, & Equipment (net)
$18,190,689
$18,023,902
-1%
Other Assets
$2,805,708
$6,406,494
+128%
Total Assets
$28,252,302
$28,095,584
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$1,850,160
$1,467,870
-21%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$9,856,168
$9,651,304
-2%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$612,962
$761,708
+24%
Total Liabilities
$12,319,290
$11,880,882
-4%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$15,933,012
$16,214,702
+2%
Net assets
2023
2024
Change
Net assets
+$15,933,012
+$16,214,702
+2%