Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$50,813,613
Property, Plant, & Equipment (net)
77%
Investments
10%
Inventories
5%
Receivables (Non-Related)
4%
Cash & Equivalents
2%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$26,593,683
Notes Payable / Debt (Non-Related)
81%
Payables & Accruals
16%
Other Liabilities
3%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$317,959
$1,039,412
+227%
Receivables (Non-Related)
$2,043,835
$2,085,620
+2%
Related-Party Receivables
-
-
-
Inventories
$3,037,924
$2,614,665
-14%
Prepaid Expenses
$215,530
$264,087
+23%
Investments
$5,135,581
$5,312,647
+3%
Property, Plant, & Equipment (net)
$34,755,401
$39,173,262
+13%
Other Assets
-
$323,920
-
Total Assets
$45,506,230
$50,813,613
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$2,518,205
$4,177,153
+66%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$19,588,798
$21,548,355
+10%
Related-Party Payables
-
-
-
Other Liabilities
$1,789,347
$868,175
-51%
Total Liabilities
$23,896,350
$26,593,683
+11%
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
+$21,609,880
+$24,219,930
+12%