Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$54,351,802
Property, Plant, & Equipment (net)
63%
Investments
27%
Cash & Equivalents
4%
Receivables (Non-Related)
4%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$30,392,014
Notes Payable / Debt (Non-Related)
86%
Deferred Revenue
8%
Payables & Accruals
6%
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
$3,011,755
$2,365,354
-21%
Receivables (Non-Related)
$1,958,348
$1,945,115
-1%
Related-Party Receivables
-
-
-
Inventories
$1,290,332
$1,176,324
-9%
Prepaid Expenses
$5,480
$2,854
-48%
Investments
$14,167,980
$14,618,293
+3%
Property, Plant, & Equipment (net)
$33,447,909
$34,243,862
+2%
Other Assets
-
-
-
Total Assets
$53,881,804
$54,351,802
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$1,748,422
$1,689,861
-3%
Grants Payable
-
-
-
Deferred Revenue
$2,592,932
$2,485,058
-4%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$26,660,355
$26,013,116
-2%
Related-Party Payables
-
-
-
Other Liabilities
$140,377
$203,979
+45%
Total Liabilities
$31,142,086
$30,392,014
-2%
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
+$22,739,718
+$23,959,788
+5%