Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$9,860,574
Property, Plant, & Equipment (net)
71%
Cash & Equivalents
24%
Receivables (Non-Related)
3%
Prepaid Expenses
2%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,584,795
Other Liabilities
66%
Deferred Revenue
17%
Payables & Accruals
10%
Notes Payable / Debt (Non-Related)
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,566,222
$2,391,099
-7%
Receivables (Non-Related)
$172,146
$267,755
+56%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$206,002
$156,590
-24%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,666,562
$6,995,859
+5%
Other Assets
$62,962
$49,271
-22%
Total Assets
$9,673,894
$9,860,574
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$725,600
$479,893
-34%
Grants Payable
-
-
-
Deferred Revenue
$628,042
$785,954
+25%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$115,570
$286,319
+148%
Related-Party Payables
-
-
-
Other Liabilities
$2,565,267
$3,032,629
+18%
Total Liabilities
$4,034,479
$4,584,795
+14%
Net assets
2023
2024
Change
Restricted Net Assets
$100,886
$100,886
+0%
Unrestricted Net Assets
$5,538,529
$5,174,893
-7%
Net assets
2023
2024
Change
Net assets
+$5,639,415
+$5,275,779
-6%