Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$30,833,911
Property, Plant, & Equipment (net)
41%
Cash & Equivalents
24%
Receivables (Non-Related)
23%
Other Assets
9%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$15,836,772
Notes Payable / Debt (Non-Related)
72%
Payables & Accruals
21%
Other Liabilities
7%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,335,571
$7,465,536
+18%
Receivables (Non-Related)
$7,264,538
$6,991,662
-4%
Related-Party Receivables
-
-
-
Inventories
$518,609
$596,330
+15%
Prepaid Expenses
$256,737
$280,756
+9%
Investments
-
-
-
Property, Plant, & Equipment (net)
$14,080,360
$12,628,538
-10%
Other Assets
$3,163,639
$2,871,089
-9%
Total Assets
$31,619,454
$30,833,911
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$2,878,086
$3,326,335
+16%
Grants Payable
-
-
-
Deferred Revenue
$21,737
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$12,553,349
$11,432,996
-9%
Related-Party Payables
-
-
-
Other Liabilities
$83,903
$1,077,441
+1184%
Total Liabilities
$15,537,075
$15,836,772
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$268,190
$309,043
+15%
Unrestricted Net Assets
$15,814,189
$14,688,096
-7%
Net assets
2023
2024
Change
Net assets
+$16,082,379
+$14,997,139
-7%