Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$20,986,450
Property, Plant, & Equipment (net)
46%
Receivables (Non-Related)
22%
Cash & Equivalents
16%
Investments
12%
Prepaid Expenses
3%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$12,351,353
Payables & Accruals
35%
Deferred Revenue
31%
Notes Payable / Debt (Non-Related)
24%
Other Liabilities
11%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,236,916
$3,453,308
+179%
Receivables (Non-Related)
$2,569,075
$4,562,545
+78%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$321,684
$606,370
+88%
Investments
$2,296,235
$2,495,823
+9%
Property, Plant, & Equipment (net)
$10,188,284
$9,664,664
-5%
Other Assets
$307,696
$203,740
-34%
Total Assets
$16,919,890
$20,986,450
+24%
Liabilities
2023
2024
Change
Payables & Accruals
$3,476,258
$4,286,628
+23%
Grants Payable
-
-
-
Deferred Revenue
$1,104,048
$3,796,957
+244%
Tax-Exempt Bond Liabilities
$143,423
$0
-100%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,141,551
$2,929,278
-7%
Related-Party Payables
-
-
-
Other Liabilities
$1,543,182
$1,338,490
-13%
Total Liabilities
$9,408,462
$12,351,353
+31%
Net assets
2023
2024
Change
Restricted Net Assets
$100,064
$122,705
+23%
Unrestricted Net Assets
$7,411,364
$8,512,392
+15%
Net assets
2023
2024
Change
Net assets
+$7,511,428
+$8,635,097
+15%