Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$41,947,092
Property, Plant, & Equipment (net)
73%
Cash & Equivalents
26%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,296,033
Notes Payable / Debt (Non-Related)
67%
Other Liabilities
16%
Payables & Accruals
15%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$11,269,351
$10,762,179
-5%
Receivables (Non-Related)
$701,287
$153,612
-78%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$432,430
$430,224
-1%
Investments
-
-
-
Property, Plant, & Equipment (net)
$31,623,003
$30,601,077
-3%
Other Assets
$0
-
-
Total Assets
$44,026,071
$41,947,092
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$834,529
$491,948
-41%
Grants Payable
-
-
-
Deferred Revenue
$54,595
$72,283
+32%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,296,762
$2,210,916
-33%
Related-Party Payables
-
-
-
Other Liabilities
$480,888
$520,886
+8%
Total Liabilities
$4,666,774
$3,296,033
-29%
Net assets
2023
2024
Change
Restricted Net Assets
$11,474,354
$11,039,329
-4%
Unrestricted Net Assets
$27,884,943
$27,611,730
-1%
Net assets
2023
2024
Change
Net assets
+$39,359,297
+$38,651,059
-2%