Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$5,506,172
Property, Plant, & Equipment (net)
81%
Cash & Equivalents
14%
Other Assets
4%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,058,141
Grants Payable
47%
Notes Payable / Debt (Non-Related)
46%
Other Liabilities
3%
Deferred Revenue
3%
Payables & Accruals
2%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$973,886
$759,350
-22%
Receivables (Non-Related)
$75,849
$46,347
-39%
Related-Party Receivables
$0
$0
-
Inventories
$22,385
$23,878
+7%
Prepaid Expenses
$771
$0
-100%
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,577,376
$4,470,378
-2%
Other Assets
$191,775
$206,219
+8%
Total Assets
$5,842,042
$5,506,172
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$15,695
$16,744
+7%
Grants Payable
$0
$498,823
-
Deferred Revenue
$20,295
$26,679
+31%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$530,746
$483,075
-9%
Related-Party Payables
$0
$0
-
Other Liabilities
$25,331
$32,820
+30%
Total Liabilities
$592,067
$1,058,141
+79%
Net assets
2023
2024
Change
Restricted Net Assets
$1,038,034
$749,807
-28%
Unrestricted Net Assets
$4,211,941
$3,698,224
-12%
Net assets
2023
2024
Change
Net assets
+$5,249,975
+$4,448,031
-15%