Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$33,629,239
Property, Plant, & Equipment (net)
72%
Investments
18%
Cash & Equivalents
6%
Receivables (Non-Related)
3%
Inventories
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$10,295,962
Notes Payable / Debt (Non-Related)
58%
Other Liabilities
17%
Payables & Accruals
14%
Deferred Revenue
11%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,503,657
$2,083,227
-17%
Receivables (Non-Related)
$850,548
$908,547
+7%
Related-Party Receivables
-
-
-
Inventories
$482,202
$501,499
+4%
Prepaid Expenses
$22,536
$68,380
+203%
Investments
$4,204,485
$5,935,676
+41%
Property, Plant, & Equipment (net)
$21,776,158
$24,131,910
+11%
Other Assets
-
-
-
Total Assets
$29,839,586
$33,629,239
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$935,460
$1,475,369
+58%
Grants Payable
-
-
-
Deferred Revenue
$936,232
$1,126,512
+20%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,779,946
$5,927,632
+3%
Related-Party Payables
-
-
-
Other Liabilities
$1,304,297
$1,766,449
+35%
Total Liabilities
$8,955,935
$10,295,962
+15%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$20,883,651
$23,333,277
+12%
Net assets
2023
2024
Change
Net assets
+$20,883,651
+$23,333,277
+12%