Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$97,879,098
Property, Plant, & Equipment (net)
57%
Prepaid Expenses
21%
Investments
15%
Receivables (Non-Related)
4%
Cash & Equivalents
1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$74,592,536
Notes Payable / Debt (Non-Related)
76%
Payables & Accruals
15%
Other Liabilities
9%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,511,807
$1,443,087
-68%
Receivables (Non-Related)
$3,264,686
$4,356,809
+33%
Related-Party Receivables
-
-
-
Inventories
$477,655
$491,383
+3%
Prepaid Expenses
$8,584,194
$20,981,545
+144%
Investments
$10,287,264
$14,746,180
+43%
Property, Plant, & Equipment (net)
$39,363,629
$55,856,839
+42%
Other Assets
$3,240
$3,255
+0%
Total Assets
$66,492,475
$97,879,098
+47%
Liabilities
2023
2024
Change
Payables & Accruals
$2,534,314
$11,077,224
+337%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$36,799,190
$56,709,310
+54%
Related-Party Payables
-
-
-
Other Liabilities
$1,486,334
$6,806,002
+358%
Total Liabilities
$40,819,838
$74,592,536
+83%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$25,672,637
+$23,286,562
-9%