Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$64,890,906
Property, Plant, & Equipment (net)
90%
Other Assets
5%
Cash & Equivalents
4%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$60,421,855
Notes Payable / Debt (Non-Related)
93%
Custodial & Escrow Liabilities
5%
Other Liabilities
1%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,265,910
$2,298,969
+82%
Receivables (Non-Related)
$556,206
$683,881
+23%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$52,486
$10,831
-79%
Investments
-
-
-
Property, Plant, & Equipment (net)
$62,030,631
$58,689,152
-5%
Other Assets
$2,285,556
$3,208,073
+40%
Total Assets
$66,190,789
$64,890,906
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$423,989
$510,724
+20%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$2,271,000
$3,074,500
+35%
Notes Payable / Debt (Non-Related)
$56,204,233
$56,064,145
0%
Related-Party Payables
-
-
-
Other Liabilities
$372,998
$772,486
+107%
Total Liabilities
$59,272,220
$60,421,855
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$63,509
$5,362
-92%
Unrestricted Net Assets
$6,855,060
$4,463,689
-35%
Net assets
2023
2024
Change
Net assets
+$6,918,569
+$4,469,051
-35%