Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$22,533,152
Property, Plant, & Equipment (net)
66%
Receivables (Non-Related)
22%
Inventories
5%
Other Assets
4%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Investments
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$27,443,356
Payables & Accruals
61%
Tax-Exempt Bond Liabilities
22%
Notes Payable / Debt (Non-Related)
17%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$131,460
$537,169
+309%
Receivables (Non-Related)
$4,575,746
$4,941,904
+8%
Related-Party Receivables
-
-
-
Inventories
$1,242,141
$1,217,088
-2%
Prepaid Expenses
$232,940
$160,721
-31%
Investments
$22,707
$60,408
+166%
Property, Plant, & Equipment (net)
$16,350,442
$14,790,625
-10%
Other Assets
$1,755,393
$825,237
-53%
Total Assets
$24,310,829
$22,533,152
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$18,578,908
$16,820,398
-9%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$6,540,000
$5,905,000
-10%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,485,258
$4,548,801
-17%
Related-Party Payables
-
-
-
Other Liabilities
-
$169,157
-
Total Liabilities
$30,604,166
$27,443,356
-10%
Net assets
2023
2024
Change
Restricted Net Assets
$21,159
-
-
Unrestricted Net Assets
-$6,314,496
-$4,910,204
+22%
Net assets
2023
2024
Change
Net assets
-$6,293,337
-$4,910,204
+22%