Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$24,201,862
Property, Plant, & Equipment (net)
38%
Receivables (Non-Related)
26%
Other Assets
17%
Cash & Equivalents
8%
Investments
7%
Prepaid Expenses
3%
Inventories
1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$9,410,657
Payables & Accruals
43%
Notes Payable / Debt (Non-Related)
39%
Other Liabilities
11%
Custodial & Escrow Liabilities
5%
Deferred Revenue
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,214,010
$1,824,620
-43%
Receivables (Non-Related)
$6,167,698
$6,238,310
+1%
Related-Party Receivables
-
-
-
Inventories
$267,260
$283,676
+6%
Prepaid Expenses
$344,852
$772,118
+124%
Investments
$1,627,869
$1,663,148
+2%
Property, Plant, & Equipment (net)
$8,674,821
$9,289,445
+7%
Other Assets
$3,341,044
$4,130,545
+24%
Total Assets
$23,637,554
$24,201,862
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$3,688,355
$4,005,404
+9%
Grants Payable
-
-
-
Deferred Revenue
$177,226
$252,529
+42%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$421,379
$484,187
+15%
Notes Payable / Debt (Non-Related)
$4,620,869
$3,624,461
-22%
Related-Party Payables
-
-
-
Other Liabilities
$1,498,886
$1,044,076
-30%
Total Liabilities
$10,406,715
$9,410,657
-10%
Net assets
2023
2024
Change
Restricted Net Assets
$762,072
$590,470
-23%
Unrestricted Net Assets
$12,468,767
$14,200,735
+14%
Net assets
2023
2024
Change
Net assets
+$13,230,839
+$14,791,205
+12%