Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$17,787,399
Property, Plant, & Equipment (net)
87%
Cash & Equivalents
6%
Receivables (Non-Related)
3%
Other Assets
2%
Inventories
2%
Investments
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$9,070,357
Notes Payable / Debt (Non-Related)
63%
Deferred Revenue
24%
Payables & Accruals
8%
Other Liabilities
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,027,926
$988,815
-4%
Receivables (Non-Related)
$501,196
$604,887
+21%
Related-Party Receivables
-
-
-
Inventories
$252,001
$281,606
+12%
Prepaid Expenses
$41,846
$37,692
-10%
Investments
$95,469
$121,130
+27%
Property, Plant, & Equipment (net)
$10,858,201
$15,415,473
+42%
Other Assets
$178,131
$337,796
+90%
Total Assets
$12,954,770
$17,787,399
+37%
Liabilities
2023
2024
Change
Payables & Accruals
$1,600,209
$750,283
-53%
Grants Payable
-
-
-
Deferred Revenue
$4,498,812
$2,186,328
-51%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,080,567
$5,669,931
+425%
Related-Party Payables
-
-
-
Other Liabilities
$279,401
$463,815
+66%
Total Liabilities
$7,458,989
$9,070,357
+22%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$5,495,781
$8,717,042
+59%
Net assets
2023
2024
Change
Net assets
+$5,495,781
+$8,717,042
+59%