Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$61,582,022
Property, Plant, & Equipment (net)
66%
Receivables (Non-Related)
12%
Other Assets
11%
Cash & Equivalents
9%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$40,930,768
Notes Payable / Debt (Non-Related)
66%
Payables & Accruals
20%
Other Liabilities
14%
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
$12,476,366
$5,321,803
-57%
Receivables (Non-Related)
$5,945,749
$7,599,220
+28%
Related-Party Receivables
-
$0
-
Inventories
$225,390
$606,491
+169%
Prepaid Expenses
$658,702
$520,364
-21%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$38,265,128
$40,756,947
+7%
Other Assets
$2,771,123
$6,777,197
+145%
Total Assets
$60,342,458
$61,582,022
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$3,654,546
$8,189,091
+124%
Grants Payable
-
$0
-
Deferred Revenue
$1,118,337
$0
-100%
Tax-Exempt Bond Liabilities
-
$0
-
Custodial & Escrow Liabilities
-
$0
-
Notes Payable / Debt (Non-Related)
$23,111,001
$27,046,660
+17%
Related-Party Payables
-
$0
-
Other Liabilities
$2,386,102
$5,695,017
+139%
Total Liabilities
$30,269,986
$40,930,768
+35%
Net assets
2023
2024
Change
Restricted Net Assets
-
$0
-
Unrestricted Net Assets
$30,072,472
$20,651,254
-31%
Net assets
2023
2024
Change
Net assets
+$30,072,472
+$20,651,254
-31%