Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$10,745,189
Property, Plant, & Equipment (net)
80%
Other Assets
10%
Receivables (Non-Related)
6%
Cash & Equivalents
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$8,235,609
Notes Payable / Debt (Non-Related)
89%
Deferred Revenue
6%
Payables & Accruals
4%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$523,303
$432,623
-17%
Receivables (Non-Related)
$1,033,803
$598,025
-42%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$31,528
$23,431
-26%
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,527,715
$8,575,227
+1%
Other Assets
$1,402,910
$1,115,883
-20%
Total Assets
$11,519,259
$10,745,189
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$460,329
$365,759
-21%
Grants Payable
-
-
-
Deferred Revenue
$518,561
$495,198
-5%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,582,887
$7,309,560
-4%
Related-Party Payables
-
-
-
Other Liabilities
$58,076
$65,092
+12%
Total Liabilities
$8,619,853
$8,235,609
-4%
Net assets
2023
2024
Change
Restricted Net Assets
$83,382
$124,552
+49%
Unrestricted Net Assets
$2,816,024
$2,385,028
-15%
Net assets
2023
2024
Change
Net assets
+$2,899,406
+$2,509,580
-13%