Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$28,849,756
Property, Plant, & Equipment (net)
57%
Investments
18%
Cash & Equivalents
11%
Receivables (Non-Related)
10%
Inventories
2%
Prepaid Expenses
2%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$9,672,054
Notes Payable / Debt (Non-Related)
79%
Payables & Accruals
20%
Deferred Revenue
<1%
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
$3,571,494
$3,049,696
-15%
Receivables (Non-Related)
$2,385,967
$2,861,552
+20%
Related-Party Receivables
-
-
-
Inventories
$401,707
$696,101
+73%
Prepaid Expenses
$440,369
$588,223
+34%
Investments
$4,819,108
$5,223,385
+8%
Property, Plant, & Equipment (net)
$16,875,909
$16,421,553
-3%
Other Assets
$42,426
$9,246
-78%
Total Assets
$28,536,980
$28,849,756
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$1,685,905
$1,934,162
+15%
Grants Payable
-
-
-
Deferred Revenue
$152,248
$87,545
-42%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,884,707
$7,640,910
-3%
Related-Party Payables
-
-
-
Other Liabilities
$42,693
$9,437
-78%
Total Liabilities
$9,765,553
$9,672,054
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$4,518,801
$4,923,142
+9%
Unrestricted Net Assets
$14,252,626
$14,254,560
+0%
Net assets
2023
2024
Change
Net assets
+$18,771,427
+$19,177,702
+2%