Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$60,458,126
Property, Plant, & Equipment (net)
57%
Investments
27%
Receivables (Non-Related)
7%
Inventories
5%
Prepaid Expenses
2%
Other Assets
1%
Cash & Equivalents
1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$29,973,564
Notes Payable / Debt (Non-Related)
80%
Payables & Accruals
11%
Other Liabilities
9%
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
$634,103
$739,069
+17%
Receivables (Non-Related)
$3,265,194
$4,225,504
+29%
Related-Party Receivables
-
-
-
Inventories
$3,655,101
$3,113,615
-15%
Prepaid Expenses
$1,043,806
$991,787
-5%
Investments
$15,857,234
$16,190,152
+2%
Property, Plant, & Equipment (net)
$33,717,582
$34,452,135
+2%
Other Assets
$1,202,096
$745,864
-38%
Total Assets
$59,375,116
$60,458,126
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$2,964,660
$3,240,948
+9%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$24,159,890
$24,000,333
-1%
Related-Party Payables
-
-
-
Other Liabilities
$2,523,966
$2,732,283
+8%
Total Liabilities
$29,648,516
$29,973,564
+1%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$29,726,600
+$30,484,562
+3%