Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$136,511,115
Property, Plant, & Equipment (net)
46%
Cash & Equivalents
18%
Receivables (Non-Related)
14%
Other Assets
11%
Prepaid Expenses
8%
Inventories
3%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$40,622,668
Other Liabilities
72%
Payables & Accruals
28%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,134,729
$25,114,030
+389%
Receivables (Non-Related)
$17,075,422
$18,979,332
+11%
Related-Party Receivables
-
-
-
Inventories
$3,149,172
$4,347,026
+38%
Prepaid Expenses
$7,024,948
$10,409,412
+48%
Investments
-
-
-
Property, Plant, & Equipment (net)
$64,482,348
$62,403,095
-3%
Other Assets
$10,001,489
$15,258,220
+53%
Total Assets
$106,868,108
$136,511,115
+28%
Liabilities
2023
2024
Change
Payables & Accruals
$9,547,608
$11,255,044
+18%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$31,284,312
$29,367,624
-6%
Total Liabilities
$40,831,920
$40,622,668
-1%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$66,036,188
$95,888,447
+45%
Net assets
2023
2024
Change
Net assets
+$66,036,188
+$95,888,447
+45%