Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$59,649,369
Receivables (Non-Related)
30%
Property, Plant, & Equipment (net)
30%
Cash & Equivalents
16%
Other Assets
13%
Investments
10%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$31,505,893
Notes Payable / Debt (Non-Related)
39%
Payables & Accruals
34%
Deferred Revenue
27%
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
$8,308,704
$9,605,289
+16%
Receivables (Non-Related)
$11,955,434
$18,059,972
+51%
Related-Party Receivables
-
-
-
Inventories
$9,193
$35,933
+291%
Prepaid Expenses
$72,203
$276,611
+283%
Investments
$6,086,389
$6,086,389
+0%
Property, Plant, & Equipment (net)
$16,758,458
$17,905,088
+7%
Other Assets
$3,004,836
$7,680,087
+156%
Total Assets
$46,195,217
$59,649,369
+29%
Liabilities
2023
2024
Change
Payables & Accruals
$1,695,283
$10,751,159
+534%
Grants Payable
-
-
-
Deferred Revenue
$7,980,649
$8,471,641
+6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$263,961
$0
-100%
Notes Payable / Debt (Non-Related)
$10,753,717
$12,214,744
+14%
Related-Party Payables
-
-
-
Other Liabilities
$68,012
$68,349
+0%
Total Liabilities
$20,761,622
$31,505,893
+52%
Net assets
2023
2024
Change
Restricted Net Assets
$5,461,586
$5,245,246
-4%
Unrestricted Net Assets
$19,972,009
$22,898,230
+15%
Net assets
2023
2024
Change
Net assets
+$25,433,595
+$28,143,476
+11%