Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$86,298,350
Receivables (Non-Related)
48%
Other Assets
23%
Cash & Equivalents
16%
Property, Plant, & Equipment (net)
12%
Investments
<1%
Related-Party Receivables
<1%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$64,820,787
Notes Payable / Debt (Non-Related)
98%
Payables & Accruals
<1%
Deferred Revenue
<1%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,394,279
$14,001,046
+89%
Receivables (Non-Related)
$33,605,582
$41,773,255
+24%
Related-Party Receivables
$48,007
$37,432
-22%
Inventories
-
$0
-
Prepaid Expenses
$19,796
$0
-100%
Investments
$452,194
$452,194
+0%
Property, Plant, & Equipment (net)
$10,240,056
$10,310,235
+1%
Other Assets
$22,210,038
$19,724,188
-11%
Total Assets
$73,969,952
$86,298,350
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$747,714
$609,822
-18%
Grants Payable
-
$0
-
Deferred Revenue
$1,539,385
$531,903
-65%
Tax-Exempt Bond Liabilities
-
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$49,013,026
$63,671,927
+30%
Related-Party Payables
$0
$0
-
Other Liabilities
$1,727,361
$7,135
-100%
Total Liabilities
$53,027,486
$64,820,787
+22%
Net assets
2023
2024
Change
Restricted Net Assets
$654,123
$330,000
-50%
Unrestricted Net Assets
$20,288,343
$21,147,563
+4%
Net assets
2023
2024
Change
Net assets
+$20,942,466
+$21,477,563
+3%