Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$16,210,669
Property, Plant, & Equipment (net)
86%
Cash & Equivalents
6%
Receivables (Non-Related)
4%
Inventories
2%
Other Assets
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$9,649,372
Notes Payable / Debt (Non-Related)
80%
Deferred Revenue
14%
Payables & Accruals
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$796,509
$999,106
+25%
Receivables (Non-Related)
$683,636
$567,763
-17%
Related-Party Receivables
-
-
-
Inventories
$271,255
$402,796
+48%
Prepaid Expenses
$78,851
$77,430
-2%
Investments
-
-
-
Property, Plant, & Equipment (net)
$14,505,231
$13,943,802
-4%
Other Assets
-
$219,772
-
Total Assets
$16,335,482
$16,210,669
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$404,651
$517,248
+28%
Grants Payable
-
-
-
Deferred Revenue
$1,335,382
$1,391,044
+4%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,870,955
$7,741,080
-2%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$9,610,988
$9,649,372
+0%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$6,724,494
+$6,561,297
-2%