Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$54,009,876
Receivables (Non-Related)
48%
Property, Plant, & Equipment (net)
31%
Cash & Equivalents
14%
Investments
5%
Prepaid Expenses
1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$30,985,867
Notes Payable / Debt (Non-Related)
42%
Other Liabilities
31%
Payables & Accruals
27%
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
$8,464,485
$7,521,893
-11%
Receivables (Non-Related)
$20,638,400
$26,152,210
+27%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$95,089
$752,075
+691%
Investments
$2,167,915
$2,491,103
+15%
Property, Plant, & Equipment (net)
$16,182,309
$16,895,830
+4%
Other Assets
$517,089
$196,765
-62%
Total Assets
$48,065,287
$54,009,876
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$4,584,546
$8,324,959
+82%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$13,733,479
$13,113,225
-5%
Related-Party Payables
-
-
-
Other Liabilities
$6,874,585
$9,547,683
+39%
Total Liabilities
$25,192,610
$30,985,867
+23%
Net assets
2023
2024
Change
Restricted Net Assets
$1,282,276
$1,967,206
+53%
Unrestricted Net Assets
$21,590,401
$21,056,803
-2%
Net assets
2023
2024
Change
Net assets
+$22,872,677
+$23,024,009
+1%