Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$10,662,023
Property, Plant, & Equipment (net)
91%
Cash & Equivalents
8%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$8,551,856
Notes Payable / Debt (Non-Related)
81%
Deferred Revenue
14%
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
$1,827,020
$828,898
-55%
Receivables (Non-Related)
$139,784
$34,159
-76%
Related-Party Receivables
-
-
-
Inventories
$20,692
$13,921
-33%
Prepaid Expenses
$90,349
$101,560
+12%
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,740,786
$9,683,485
+11%
Other Assets
-
-
-
Total Assets
$10,818,631
$10,662,023
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$277,069
$381,616
+38%
Grants Payable
-
-
-
Deferred Revenue
$809,552
$1,199,685
+48%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,201,957
$6,946,645
-4%
Related-Party Payables
-
-
-
Other Liabilities
$33,936
$23,910
-30%
Total Liabilities
$8,322,514
$8,551,856
+3%
Net assets
2023
2024
Change
Restricted Net Assets
$2,861,943
$2,835,461
-1%
Unrestricted Net Assets
-$365,826
-$725,294
-98%
Net assets
2023
2024
Change
Net assets
+$2,496,117
+$2,110,167
-15%