Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$35,226,220
Other Assets
68%
Property, Plant, & Equipment (net)
26%
Inventories
3%
Cash & Equivalents
<1%
Investments
<1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$31,538,276
Other Liabilities
82%
Notes Payable / Debt (Non-Related)
13%
Payables & Accruals
5%
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
$683,653
$338,341
-51%
Receivables (Non-Related)
$245,085
$193,611
-21%
Related-Party Receivables
-
-
-
Inventories
$197,639
$1,052,776
+433%
Prepaid Expenses
$221,293
$94,117
-57%
Investments
$264,690
$230,772
-13%
Property, Plant, & Equipment (net)
$8,092,943
$9,244,017
+14%
Other Assets
$23,683,536
$24,072,586
+2%
Total Assets
$33,388,839
$35,226,220
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$955,921
$1,445,525
+51%
Grants Payable
-
-
-
Deferred Revenue
-
$94,374
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,003,039
$3,985,973
+33%
Related-Party Payables
-
-
-
Other Liabilities
$25,483,068
$26,012,404
+2%
Total Liabilities
$29,442,028
$31,538,276
+7%
Net assets
2023
2024
Change
Restricted Net Assets
$18,299
$18,299
+0%
Unrestricted Net Assets
$3,928,512
$3,669,645
-7%
Net assets
2023
2024
Change
Net assets
+$3,946,811
+$3,687,944
-7%