Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$31,931,040
Property, Plant, & Equipment (net)
60%
Other Assets
14%
Receivables (Non-Related)
13%
Cash & Equivalents
8%
Inventories
4%
Prepaid Expenses
2%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$21,738,172
Notes Payable / Debt (Non-Related)
63%
Other Liabilities
31%
Payables & Accruals
6%
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
$979,968
$2,574,641
+163%
Receivables (Non-Related)
$3,050,516
$4,071,517
+33%
Related-Party Receivables
-
-
-
Inventories
$1,198,115
$1,142,200
-5%
Prepaid Expenses
$685,695
$564,147
-18%
Investments
-
-
-
Property, Plant, & Equipment (net)
$10,754,233
$19,022,247
+77%
Other Assets
$4,963,168
$4,556,288
-8%
Total Assets
$21,631,695
$31,931,040
+48%
Liabilities
2023
2024
Change
Payables & Accruals
$1,594,473
$1,276,711
-20%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,403,071
$13,707,164
+85%
Related-Party Payables
-
-
-
Other Liabilities
$6,806,725
$6,754,297
-1%
Total Liabilities
$15,804,269
$21,738,172
+38%
Net assets
2023
2024
Change
Restricted Net Assets
$35,369
$1,020,510
+2785%
Unrestricted Net Assets
$5,792,057
$9,172,358
+58%
Net assets
2023
2024
Change
Net assets
+$5,827,426
+$10,192,868
+75%