Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$88,372,078
Receivables (Non-Related)
60%
Property, Plant, & Equipment (net)
16%
Investments
11%
Cash & Equivalents
11%
Other Assets
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$17,802,199
Notes Payable / Debt (Non-Related)
80%
Payables & Accruals
14%
Deferred Revenue
5%
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
$12,726,239
$9,824,728
-23%
Receivables (Non-Related)
$37,695,453
$52,676,049
+40%
Related-Party Receivables
-
-
-
Inventories
$108,918
-
-
Prepaid Expenses
$107,015
$108,368
+1%
Investments
$10,597,816
$9,991,151
-6%
Property, Plant, & Equipment (net)
$11,912,526
$14,061,898
+18%
Other Assets
$761,792
$1,709,884
+124%
Total Assets
$73,909,759
$88,372,078
+20%
Liabilities
2023
2024
Change
Payables & Accruals
$1,688,890
$2,530,585
+50%
Grants Payable
-
-
-
Deferred Revenue
$512,222
$964,689
+88%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$14,549,046
$14,182,141
-3%
Related-Party Payables
-
-
-
Other Liabilities
$128,487
$124,784
-3%
Total Liabilities
$16,878,645
$17,802,199
+5%
Net assets
2023
2024
Change
Restricted Net Assets
$0
-
-
Unrestricted Net Assets
$57,031,114
$70,569,879
+24%
Net assets
2023
2024
Change
Net assets
+$57,031,114
+$70,569,879
+24%