Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$146,455,162
Property, Plant, & Equipment (net)
71%
Investments
18%
Cash & Equivalents
5%
Receivables (Non-Related)
4%
Inventories
2%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$86,283,716
Notes Payable / Debt (Non-Related)
87%
Payables & Accruals
9%
Deferred Revenue
2%
Other Liabilities
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,858,663
$6,972,471
-11%
Receivables (Non-Related)
$5,752,849
$5,291,743
-8%
Related-Party Receivables
-
-
-
Inventories
$3,284,454
$3,370,732
+3%
Prepaid Expenses
$263,632
$241,934
-8%
Investments
$29,655,575
$26,627,558
-10%
Property, Plant, & Equipment (net)
$97,553,847
$103,941,897
+7%
Other Assets
$8,827
$8,827
+0%
Total Assets
$144,377,847
$146,455,162
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$7,908,635
$8,093,269
+2%
Grants Payable
-
-
-
Deferred Revenue
$3,090,883
$1,775,714
-43%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$74,905,176
$75,309,940
+1%
Related-Party Payables
-
-
-
Other Liabilities
$950,881
$1,104,793
+16%
Total Liabilities
$86,855,575
$86,283,716
-1%
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
+$57,522,272
+$60,171,446
+5%