Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$38,004,129
Property, Plant, & Equipment (net)
55%
Investments
29%
Receivables (Non-Related)
9%
Cash & Equivalents
7%
Prepaid Expenses
<1%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$11,746,948
Notes Payable / Debt (Non-Related)
44%
Other Liabilities
33%
Payables & Accruals
23%
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
$2,630,298
$2,728,934
+4%
Receivables (Non-Related)
$2,677,726
$3,327,248
+24%
Related-Party Receivables
$0
$0
-
Inventories
$85,958
$65,759
-23%
Prepaid Expenses
$145,075
$137,026
-6%
Investments
$12,717,691
$10,896,952
-14%
Property, Plant, & Equipment (net)
$20,970,878
$20,726,702
-1%
Other Assets
$155,719
$121,508
-22%
Total Assets
$39,383,345
$38,004,129
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$3,099,785
$2,683,016
-13%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$64,460
-
Tax-Exempt Bond Liabilities
$7,798,172
$0
-100%
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$4,971,992
$5,117,772
+3%
Related-Party Payables
$0
$0
-
Other Liabilities
$67,990
$3,881,700
+5609%
Total Liabilities
$15,937,939
$11,746,948
-26%
Net assets
2023
2024
Change
Restricted Net Assets
$2,661,290
$2,939,341
+10%
Unrestricted Net Assets
$20,784,116
$23,317,840
+12%
Net assets
2023
2024
Change
Net assets
+$23,445,406
+$26,257,181
+12%