Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$29,666,368
Cash & Equivalents
49%
Property, Plant, & Equipment (net)
22%
Investments
17%
Receivables (Non-Related)
5%
Other Assets
5%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$16,655,639
Notes Payable / Debt (Non-Related)
88%
Payables & Accruals
10%
Other Liabilities
2%
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
$13,126,934
$14,411,588
+10%
Receivables (Non-Related)
$1,632,347
$1,588,501
-3%
Related-Party Receivables
-
-
-
Inventories
$263,568
$265,599
+1%
Prepaid Expenses
$343,940
$235,747
-31%
Investments
$4,733,169
$5,035,670
+6%
Property, Plant, & Equipment (net)
$7,603,986
$6,624,979
-13%
Other Assets
$1,759,387
$1,504,284
-14%
Total Assets
$29,463,331
$29,666,368
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$1,121,448
$1,674,682
+49%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$15,037,155
$14,709,028
-2%
Related-Party Payables
-
-
-
Other Liabilities
$420,418
$271,929
-35%
Total Liabilities
$16,579,021
$16,655,639
+0%
Net assets
2023
2024
Change
Restricted Net Assets
$4,733,169
$5,035,670
+6%
Unrestricted Net Assets
$8,151,141
$7,975,059
-2%
Net assets
2023
2024
Change
Net assets
+$12,884,310
+$13,010,729
+1%