Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$27,398,423
Property, Plant, & Equipment (net)
65%
Receivables (Non-Related)
26%
Cash & Equivalents
5%
Inventories
3%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$14,303,314
Payables & Accruals
37%
Other Liabilities
32%
Notes Payable / Debt (Non-Related)
31%
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
$2,232,803
$1,363,873
-39%
Receivables (Non-Related)
$3,248,116
$7,050,893
+117%
Related-Party Receivables
$0
$0
-
Inventories
$835,852
$938,109
+12%
Prepaid Expenses
$223,229
$161,635
-28%
Investments
-
-
-
Property, Plant, & Equipment (net)
$18,258,680
$17,743,966
-3%
Other Assets
$84,409
$139,947
+66%
Total Assets
$24,883,089
$27,398,423
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$4,610,864
$5,274,103
+14%
Grants Payable
-
-
-
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,263,600
$4,413,376
+4%
Related-Party Payables
$0
$0
-
Other Liabilities
$3,978,058
$4,615,835
+16%
Total Liabilities
$12,852,522
$14,303,314
+11%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$12,030,567
$13,095,109
+9%
Net assets
2023
2024
Change
Net assets
+$12,030,567
+$13,095,109
+9%