Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$14,928,478
Property, Plant, & Equipment (net)
45%
Cash & Equivalents
19%
Investments
14%
Receivables (Non-Related)
13%
Other Assets
8%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$7,232,612
Notes Payable / Debt (Non-Related)
77%
Payables & Accruals
20%
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
$3,541,722
$2,798,463
-21%
Receivables (Non-Related)
$2,472,866
$1,958,588
-21%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$270,076
$248,955
-8%
Investments
-
$2,049,374
-
Property, Plant, & Equipment (net)
$7,023,142
$6,648,431
-5%
Other Assets
$1,387,039
$1,224,667
-12%
Total Assets
$14,694,845
$14,928,478
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$1,350,353
$1,458,061
+8%
Grants Payable
-
-
-
Deferred Revenue
-
$0
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,562,049
$5,586,019
+22%
Related-Party Payables
-
-
-
Other Liabilities
$255,917
$188,532
-26%
Total Liabilities
$6,168,319
$7,232,612
+17%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$8,526,526
$7,695,866
-10%
Net assets
2023
2024
Change
Net assets
+$8,526,526
+$7,695,866
-10%