Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$32,077,768
Property, Plant, & Equipment (net)
59%
Cash & Equivalents
28%
Receivables (Non-Related)
11%
Other Assets
1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,279,633
Payables & Accruals
48%
Deferred Revenue
48%
Other Liabilities
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,860,562
$8,967,203
+382%
Receivables (Non-Related)
$3,867,322
$3,416,673
-12%
Related-Party Receivables
$0
$0
-
Inventories
$219,991
$229,204
+4%
Prepaid Expenses
$164,464
$242,269
+47%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$14,743,449
$18,848,052
+28%
Other Assets
$236,166
$374,367
+59%
Total Assets
$21,091,954
$32,077,768
+52%
Liabilities
2023
2024
Change
Payables & Accruals
$870,162
$3,037,195
+249%
Grants Payable
-
-
-
Deferred Revenue
$3,256,971
$3,027,207
-7%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$236,166
$215,231
-9%
Total Liabilities
$4,363,299
$6,279,633
+44%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$16,728,655
$25,798,135
+54%
Net assets
2023
2024
Change
Net assets
+$16,728,655
+$25,798,135
+54%