Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$137,202,409
Property, Plant, & Equipment (net)
56%
Cash & Equivalents
26%
Other Assets
16%
Inventories
1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$56,258,100
Tax-Exempt Bond Liabilities
72%
Other Liabilities
22%
Payables & Accruals
6%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$28,914,026
$35,501,994
+23%
Receivables (Non-Related)
$504,273
$662,295
+31%
Related-Party Receivables
-
-
-
Inventories
$1,231,000
$1,435,000
+17%
Prepaid Expenses
$189,506
$534,499
+182%
Investments
-
-
-
Property, Plant, & Equipment (net)
$81,508,601
$77,086,398
-5%
Other Assets
$21,608,052
$21,982,223
+2%
Total Assets
$133,955,458
$137,202,409
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$3,147,243
$3,297,959
+5%
Grants Payable
-
-
-
Deferred Revenue
$311,785
$216,512
-31%
Tax-Exempt Bond Liabilities
$16,710,962
$40,258,238
+141%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$30,068,527
-
-
Related-Party Payables
-
-
-
Other Liabilities
$13,984,960
$12,485,391
-11%
Total Liabilities
$64,223,477
$56,258,100
-12%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$69,731,981
$80,944,309
+16%
Net assets
2023
2024
Change
Net assets
+$69,731,981
+$80,944,309
+16%