Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$90,700,845
Property, Plant, & Equipment (net)
74%
Investments
12%
Cash & Equivalents
6%
Receivables (Non-Related)
5%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$46,487,216
Notes Payable / Debt (Non-Related)
89%
Payables & Accruals
11%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,311,927
$5,658,427
-23%
Receivables (Non-Related)
$4,411,825
$4,627,073
+5%
Related-Party Receivables
-
-
-
Inventories
$1,855,766
$1,613,506
-13%
Prepaid Expenses
$627,060
$502,938
-20%
Investments
$10,974,413
$10,930,833
0%
Property, Plant, & Equipment (net)
$65,427,975
$67,368,068
+3%
Other Assets
-
-
-
Total Assets
$90,608,966
$90,700,845
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$4,581,673
$5,309,187
+16%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$42,903,245
$41,178,029
-4%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$47,484,918
$46,487,216
-2%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$43,124,048
+$44,213,629
+3%