Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$4,702,601
Property, Plant, & Equipment (net)
53%
Cash & Equivalents
36%
Other Assets
6%
Prepaid Expenses
2%
Receivables (Non-Related)
2%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,373,417
Notes Payable / Debt (Non-Related)
81%
Deferred Revenue
15%
Payables & Accruals
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,857,040
$1,704,166
-8%
Receivables (Non-Related)
$54,852
$92,250
+68%
Related-Party Receivables
-
-
-
Inventories
$1,519
$3,375
+122%
Prepaid Expenses
$100,711
$109,890
+9%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,551,219
$2,490,217
-2%
Other Assets
$284,482
$302,703
+6%
Total Assets
$4,849,823
$4,702,601
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$97,921
$97,930
+0%
Grants Payable
-
-
-
Deferred Revenue
$273,279
$354,793
+30%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,074,809
$1,920,694
-7%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,446,009
$2,373,417
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$450,388
$412,117
-8%
Unrestricted Net Assets
$1,953,426
$1,917,067
-2%
Net assets
2023
2024
Change
Net assets
+$2,403,814
+$2,329,184
-3%