Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$82,288,677
Cash & Equivalents
45%
Property, Plant, & Equipment (net)
24%
Receivables (Non-Related)
16%
Other Assets
8%
Prepaid Expenses
2%
Inventories
2%
Investments
2%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$50,104,371
Other Liabilities
52%
Payables & Accruals
24%
Tax-Exempt Bond Liabilities
23%
Notes Payable / Debt (Non-Related)
<1%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$39,500,665
$37,007,223
-6%
Receivables (Non-Related)
$14,979,554
$13,518,863
-10%
Related-Party Receivables
-
-
-
Inventories
$1,807,675
$1,717,177
-5%
Prepaid Expenses
$2,597,089
$1,785,543
-31%
Investments
$1,450,249
$1,461,604
+1%
Property, Plant, & Equipment (net)
$19,874,960
$20,145,519
+1%
Other Assets
$9,817,686
$6,652,748
-32%
Total Assets
$90,027,878
$82,288,677
-9%
Liabilities
2023
2024
Change
Payables & Accruals
$10,459,597
$12,231,667
+17%
Grants Payable
-
-
-
Deferred Revenue
$38,556
$38,556
+0%
Tax-Exempt Bond Liabilities
$12,110,000
$11,510,000
-5%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$8,950
$88,327
+887%
Related-Party Payables
-
-
-
Other Liabilities
$29,150,163
$26,235,821
-10%
Total Liabilities
$51,767,266
$50,104,371
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$2,669,334
$1,153,448
-57%
Unrestricted Net Assets
$35,591,278
$31,030,858
-13%
Net assets
2023
2024
Change
Net assets
+$38,260,612
+$32,184,306
-16%