Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$20,472,817
Property, Plant, & Equipment (net)
89%
Receivables (Non-Related)
6%
Cash & Equivalents
2%
Other Assets
1%
Inventories
<1%
Related-Party Receivables
<1%
Prepaid Expenses
<1%
Investments
0%
Liabilities in 2024 (Year End)
$7,504,023
Notes Payable / Debt (Non-Related)
78%
Deferred Revenue
14%
Other Liabilities
4%
Payables & Accruals
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$334,788
$459,221
+37%
Receivables (Non-Related)
$1,831,585
$1,305,839
-29%
Related-Party Receivables
-
$66,125
-
Inventories
$122,203
$166,549
+36%
Prepaid Expenses
$73,173
$62,318
-15%
Investments
$31,933
-
-
Property, Plant, & Equipment (net)
$18,849,707
$18,182,926
-4%
Other Assets
$96,935
$229,839
+137%
Total Assets
$21,340,324
$20,472,817
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$511,968
$296,696
-42%
Grants Payable
-
-
-
Deferred Revenue
$1,044,485
$1,039,840
0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,534,791
$5,836,256
+5%
Related-Party Payables
-
-
-
Other Liabilities
$251,148
$331,231
+32%
Total Liabilities
$7,342,392
$7,504,023
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$1,418,775
$1,152,648
-19%
Unrestricted Net Assets
$12,579,157
$11,816,146
-6%
Net assets
2023
2024
Change
Net assets
+$13,997,932
+$12,968,794
-7%