Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$30,458,651
Property, Plant, & Equipment (net)
53%
Cash & Equivalents
20%
Other Assets
12%
Receivables (Non-Related)
12%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$11,467,462
Payables & Accruals
58%
Notes Payable / Debt (Non-Related)
25%
Other Liabilities
16%
Deferred Revenue
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$9,067,135
$6,240,163
-31%
Receivables (Non-Related)
$6,134,020
$3,668,939
-40%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$782,265
$546,357
-30%
Investments
-
-
-
Property, Plant, & Equipment (net)
$16,570,287
$16,224,760
-2%
Other Assets
$4,991,907
$3,778,432
-24%
Total Assets
$37,545,614
$30,458,651
-19%
Liabilities
2023
2024
Change
Payables & Accruals
$5,152,893
$6,700,046
+30%
Grants Payable
-
-
-
Deferred Revenue
$158,602
$144,300
-9%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$2,816,436
-
Related-Party Payables
-
-
-
Other Liabilities
$2,562,873
$1,806,680
-30%
Total Liabilities
$7,874,368
$11,467,462
+46%
Net assets
2023
2024
Change
Restricted Net Assets
$6,766,696
$6,212,863
-8%
Unrestricted Net Assets
$22,904,550
$12,778,326
-44%
Net assets
2023
2024
Change
Net assets
+$29,671,246
+$18,991,189
-36%