Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$16,675,485
Property, Plant, & Equipment (net)
59%
Other Assets
24%
Receivables (Non-Related)
7%
Cash & Equivalents
6%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$5,525,841
Notes Payable / Debt (Non-Related)
60%
Deferred Revenue
20%
Payables & Accruals
12%
Other Liabilities
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$511,273
$1,078,513
+111%
Receivables (Non-Related)
$1,006,583
$1,183,940
+18%
Related-Party Receivables
-
-
-
Inventories
$339,245
$406,422
+20%
Prepaid Expenses
$97,891
$118,424
+21%
Investments
-
-
-
Property, Plant, & Equipment (net)
$9,395,408
$9,916,190
+6%
Other Assets
$716,217
$3,971,996
+455%
Total Assets
$12,066,617
$16,675,485
+38%
Liabilities
2023
2024
Change
Payables & Accruals
$917,737
$650,459
-29%
Grants Payable
-
-
-
Deferred Revenue
$859,217
$1,107,623
+29%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$3,324,233
-
Related-Party Payables
-
-
-
Other Liabilities
$610,608
$443,526
-27%
Total Liabilities
$2,387,562
$5,525,841
+131%
Net assets
2023
2024
Change
Restricted Net Assets
$26,365
$38,144
+45%
Unrestricted Net Assets
$9,652,690
$11,111,500
+15%
Net assets
2023
2024
Change
Net assets
+$9,679,055
+$11,149,644
+15%