Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$113,154,562
Property, Plant, & Equipment (net)
79%
Investments
13%
Cash & Equivalents
3%
Other Assets
2%
Inventories
2%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$74,828,876
Notes Payable / Debt (Non-Related)
87%
Other Liabilities
8%
Payables & Accruals
4%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,362,912
$3,408,831
+1%
Receivables (Non-Related)
$1,748,740
$1,533,800
-12%
Related-Party Receivables
-
-
-
Inventories
$2,002,906
$2,051,043
+2%
Prepaid Expenses
$176,498
$245,018
+39%
Investments
$13,391,399
$14,400,023
+8%
Property, Plant, & Equipment (net)
$87,192,485
$89,306,312
+2%
Other Assets
$2,078,711
$2,209,535
+6%
Total Assets
$109,953,651
$113,154,562
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$2,579,069
$2,780,464
+8%
Grants Payable
-
-
-
Deferred Revenue
$1,760,981
$1,250,243
-29%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$66,299,523
$64,746,746
-2%
Related-Party Payables
-
-
-
Other Liabilities
$3,020,148
$6,051,423
+100%
Total Liabilities
$73,659,721
$74,828,876
+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
+$36,293,930
+$38,325,686
+6%