Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$14,569,609
Property, Plant, & Equipment (net)
58%
Receivables (Non-Related)
28%
Other Assets
10%
Prepaid Expenses
4%
Cash & Equivalents
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$13,144,918
Notes Payable / Debt (Non-Related)
64%
Payables & Accruals
24%
Other Liabilities
12%
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
$320,310
$55,451
-83%
Receivables (Non-Related)
$3,936,076
$4,085,170
+4%
Related-Party Receivables
$0
$0
-
Inventories
$0
-
-
Prepaid Expenses
$396,804
$513,633
+29%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$8,438,308
$8,454,287
+0%
Other Assets
$1,806,870
$1,461,068
-19%
Total Assets
$14,898,368
$14,569,609
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$3,519,584
$3,205,232
-9%
Grants Payable
$0
-
-
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$0
-
-
Notes Payable / Debt (Non-Related)
$8,000,000
$8,400,000
+5%
Related-Party Payables
$0
$0
-
Other Liabilities
$1,891,273
$1,539,686
-19%
Total Liabilities
$13,410,857
$13,144,918
-2%
Net assets
2023
2024
Change
Restricted Net Assets
$2,571,877
$2,332,245
-9%
Unrestricted Net Assets
-$1,084,366
-$907,554
+16%
Net assets
2023
2024
Change
Net assets
+$1,487,511
+$1,424,691
-4%