Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$16,174,339
Property, Plant, & Equipment (net)
41%
Cash & Equivalents
26%
Other Assets
22%
Investments
7%
Receivables (Non-Related)
2%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$8,429,241
Other Liabilities
49%
Notes Payable / Debt (Non-Related)
42%
Payables & Accruals
10%
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
$2,247,001
$4,149,870
+85%
Receivables (Non-Related)
$1,029,060
$386,371
-62%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$74,087
$175,605
+137%
Investments
-
$1,198,894
-
Property, Plant, & Equipment (net)
$6,758,524
$6,679,835
-1%
Other Assets
$3,786,243
$3,583,764
-5%
Total Assets
$13,894,915
$16,174,339
+16%
Liabilities
2023
2024
Change
Payables & Accruals
$494,625
$815,097
+65%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,884,480
$3,505,281
-10%
Related-Party Payables
-
-
-
Other Liabilities
$4,199,309
$4,108,863
-2%
Total Liabilities
$8,578,414
$8,429,241
-2%
Net assets
2023
2024
Change
Restricted Net Assets
$330,500
$212,500
-36%
Unrestricted Net Assets
$4,986,001
$7,532,598
+51%
Net assets
2023
2024
Change
Net assets
+$5,316,501
+$7,745,098
+46%