Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$37,540,028
Property, Plant, & Equipment (net)
40%
Cash & Equivalents
30%
Other Assets
13%
Receivables (Non-Related)
11%
Investments
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$5,457,162
Deferred Revenue
56%
Notes Payable / Debt (Non-Related)
31%
Other Liabilities
7%
Payables & Accruals
7%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,452,310
$11,329,344
+680%
Receivables (Non-Related)
$4,406,089
$4,241,650
-4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$74,258
$9,484
-87%
Investments
$2,260,973
$2,300,175
+2%
Property, Plant, & Equipment (net)
$43,744,867
$14,860,074
-66%
Other Assets
$2,421,822
$4,799,301
+98%
Total Assets
$54,360,319
$37,540,028
-31%
Liabilities
2023
2024
Change
Payables & Accruals
$565,948
$354,869
-37%
Grants Payable
-
-
-
Deferred Revenue
$3,031,527
$3,031,527
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$11,542,124
$1,702,017
-85%
Related-Party Payables
-
-
-
Other Liabilities
$285,129
$368,749
+29%
Total Liabilities
$15,424,728
$5,457,162
-65%
Net assets
2023
2024
Change
Restricted Net Assets
$963,709
$963,709
+0%
Unrestricted Net Assets
$37,971,882
$31,119,157
-18%
Net assets
2023
2024
Change
Net assets
+$38,935,591
+$32,082,866
-18%