Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$24,541,635
Property, Plant, & Equipment (net)
97%
Cash & Equivalents
3%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$20,822,764
Notes Payable / Debt (Non-Related)
94%
Deferred Revenue
5%
Other Liabilities
<1%
Payables & Accruals
0%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$822,244
$669,216
-19%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$20,582,219
$23,842,419
+16%
Other Assets
$221,500
$30,000
-86%
Total Assets
$21,625,963
$24,541,635
+13%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
$229,500
$1,001,000
+336%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$17,403,126
$19,622,990
+13%
Related-Party Payables
-
-
-
Other Liabilities
$100,000
$198,774
+99%
Total Liabilities
$17,732,626
$20,822,764
+17%
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
+$3,893,337
+$3,718,871
-4%