Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$40,895,734
Property, Plant, & Equipment (net)
68%
Cash & Equivalents
20%
Other Assets
9%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$26,502,469
Notes Payable / Debt (Non-Related)
95%
Other Liabilities
4%
Payables & Accruals
1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$560,162
$8,032,705
+1334%
Receivables (Non-Related)
$108,112
$1,328,915
+1129%
Related-Party Receivables
$0
-
-
Inventories
$0
-
-
Prepaid Expenses
$66,508
$90,185
+36%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$25,258,915
$27,663,525
+10%
Other Assets
$3,281,431
$3,780,404
+15%
Total Assets
$29,275,128
$40,895,734
+40%
Liabilities
2023
2024
Change
Payables & Accruals
$571,818
$329,927
-42%
Grants Payable
-
-
-
Deferred Revenue
$6,150
$5,809
-6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$22,622,612
$25,099,992
+11%
Related-Party Payables
-
-
-
Other Liabilities
$3,203,131
$1,066,741
-67%
Total Liabilities
$26,403,711
$26,502,469
+0%
Net assets
2023
2024
Change
Restricted Net Assets
$12,613
$827,613
+6462%
Unrestricted Net Assets
$2,858,804
$13,565,652
+375%
Net assets
2023
2024
Change
Net assets
+$2,871,417
+$14,393,265
+401%