Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$90,983,951
Property, Plant, & Equipment (net)
77%
Receivables (Non-Related)
11%
Other Assets
6%
Cash & Equivalents
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$47,307,766
Notes Payable / Debt (Non-Related)
72%
Payables & Accruals
14%
Other Liabilities
13%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,563,624
$5,041,424
+10%
Receivables (Non-Related)
$6,684,715
$9,601,235
+44%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$226,329
$662,887
+193%
Investments
-
-
-
Property, Plant, & Equipment (net)
$47,583,393
$70,437,638
+48%
Other Assets
$4,018,714
$5,240,767
+30%
Total Assets
$63,076,775
$90,983,951
+44%
Liabilities
2023
2024
Change
Payables & Accruals
$3,890,196
$6,740,759
+73%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$18,098,320
$34,262,205
+89%
Related-Party Payables
-
-
-
Other Liabilities
$891,617
$6,304,802
+607%
Total Liabilities
$22,880,133
$47,307,766
+107%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$40,196,642
$43,676,185
+9%
Net assets
2023
2024
Change
Net assets
+$40,196,642
+$43,676,185
+9%