Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$56,169,986
Property, Plant, & Equipment (net)
80%
Investments
10%
Cash & Equivalents
9%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$45,057,953
Notes Payable / Debt (Non-Related)
83%
Other Liabilities
13%
Payables & Accruals
2%
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
$14,185,079
$5,081,054
-64%
Receivables (Non-Related)
$245,938
$81,374
-67%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$89,330
$106,445
+19%
Investments
$3,369,841
$5,738,679
+70%
Property, Plant, & Equipment (net)
$35,169,021
$45,114,609
+28%
Other Assets
-
$47,825
-
Total Assets
$53,059,209
$56,169,986
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$754,850
$1,042,065
+38%
Grants Payable
-
-
-
Deferred Revenue
$452,002
$528,076
+17%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$38,517,830
$37,603,880
-2%
Related-Party Payables
-
-
-
Other Liabilities
$2,840,858
$5,883,932
+107%
Total Liabilities
$42,565,540
$45,057,953
+6%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$10,493,669
$11,112,033
+6%
Net assets
2023
2024
Change
Net assets
+$10,493,669
+$11,112,033
+6%