Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$22,430,263
Property, Plant, & Equipment (net)
52%
Cash & Equivalents
16%
Prepaid Expenses
13%
Receivables (Non-Related)
11%
Other Assets
7%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$9,174,507
Notes Payable / Debt (Non-Related)
52%
Payables & Accruals
31%
Other Liabilities
16%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,287,253
$3,614,582
-56%
Receivables (Non-Related)
$2,367,425
$2,558,545
+8%
Related-Party Receivables
$0
$0
-
Inventories
$73,736
$127,929
+73%
Prepaid Expenses
$3,778,609
$2,830,537
-25%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$10,385,857
$11,718,898
+13%
Other Assets
$1,982,266
$1,579,772
-20%
Total Assets
$26,875,146
$22,430,263
-17%
Liabilities
2023
2024
Change
Payables & Accruals
$2,408,876
$2,875,240
+19%
Grants Payable
$0
$0
-
Deferred Revenue
$44,889
$78,169
+74%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$5,066,461
$4,773,477
-6%
Related-Party Payables
$0
$0
-
Other Liabilities
$1,887,146
$1,447,621
-23%
Total Liabilities
$9,407,372
$9,174,507
-2%
Net assets
2023
2024
Change
Restricted Net Assets
$12,098
$12,098
+0%
Unrestricted Net Assets
$17,455,676
$13,243,658
-24%
Net assets
2023
2024
Change
Net assets
+$17,467,774
+$13,255,756
-24%