Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$33,820,684
Other Assets
36%
Property, Plant, & Equipment (net)
29%
Receivables (Non-Related)
20%
Cash & Equivalents
11%
Prepaid Expenses
3%
Inventories
2%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,425,879
Payables & Accruals
61%
Notes Payable / Debt (Non-Related)
38%
Deferred Revenue
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$9,978,556
$3,655,223
-63%
Receivables (Non-Related)
$6,640,892
$6,798,950
+2%
Related-Party Receivables
-
-
-
Inventories
$833,857
$680,706
-18%
Prepaid Expenses
$941,798
$1,025,822
+9%
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,463,941
$9,648,033
+14%
Other Assets
$13,794,881
$12,011,950
-13%
Total Assets
$40,653,925
$33,820,684
-17%
Liabilities
2023
2024
Change
Payables & Accruals
$2,454,488
$2,715,858
+11%
Grants Payable
-
-
-
Deferred Revenue
$55,916
$49,628
-11%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,019,822
$1,660,393
-18%
Related-Party Payables
-
-
-
Other Liabilities
$374,738
$0
-100%
Total Liabilities
$4,904,964
$4,425,879
-10%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$35,748,961
$29,394,805
-18%
Net assets
2023
2024
Change
Net assets
+$35,748,961
+$29,394,805
-18%