Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$57,479,094
Investments
49%
Property, Plant, & Equipment (net)
24%
Cash & Equivalents
15%
Receivables (Non-Related)
11%
Inventories
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$8,073,865
Notes Payable / Debt (Non-Related)
74%
Payables & Accruals
20%
Other Liabilities
4%
Deferred Revenue
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$11,070,456
$8,510,364
-23%
Receivables (Non-Related)
$5,281,804
$6,272,100
+19%
Related-Party Receivables
$0
$0
-
Inventories
$304,724
$316,614
+4%
Prepaid Expenses
$202,165
$161,589
-20%
Investments
$24,484,684
$28,134,677
+15%
Property, Plant, & Equipment (net)
$14,393,853
$13,798,175
-4%
Other Assets
$165,194
$285,575
+73%
Total Assets
$55,902,880
$57,479,094
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$2,825,915
$1,581,958
-44%
Grants Payable
-
-
-
Deferred Revenue
$103,688
$208,368
+101%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,216,692
$5,997,964
-4%
Related-Party Payables
-
-
-
Other Liabilities
$165,194
$285,575
+73%
Total Liabilities
$9,311,489
$8,073,865
-13%
Net assets
2023
2024
Change
Restricted Net Assets
$6,167,814
$6,745,759
+9%
Unrestricted Net Assets
$40,423,577
$42,659,470
+6%
Net assets
2023
2024
Change
Net assets
+$46,591,391
+$49,405,229
+6%