Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$27,942,817
Property, Plant, & Equipment (net)
73%
Cash & Equivalents
15%
Other Assets
5%
Receivables (Non-Related)
5%
Inventories
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$11,516,702
Notes Payable / Debt (Non-Related)
77%
Other Liabilities
13%
Deferred Revenue
5%
Payables & Accruals
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,553,602
$4,210,687
-44%
Receivables (Non-Related)
$1,414,918
$1,340,984
-5%
Related-Party Receivables
-
-
-
Inventories
$378,112
$362,413
-4%
Prepaid Expenses
$115,039
$178,634
+55%
Investments
-
-
-
Property, Plant, & Equipment (net)
$14,466,110
$20,455,459
+41%
Other Assets
$1,039,125
$1,394,640
+34%
Total Assets
$24,966,906
$27,942,817
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$434,032
$537,503
+24%
Grants Payable
-
-
-
Deferred Revenue
$561,467
$617,491
+10%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$9,274,256
$8,824,009
-5%
Related-Party Payables
-
-
-
Other Liabilities
$1,211,913
$1,537,699
+27%
Total Liabilities
$11,481,668
$11,516,702
+0%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$13,485,238
$16,426,115
+22%
Net assets
2023
2024
Change
Net assets
+$13,485,238
+$16,426,115
+22%