Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$17,946,222
Property, Plant, & Equipment (net)
78%
Other Assets
12%
Cash & Equivalents
7%
Prepaid Expenses
2%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$7,624,663
Notes Payable / Debt (Non-Related)
69%
Other Liabilities
29%
Grants Payable
2%
Payables & Accruals
<1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,465,486
$1,297,114
-63%
Receivables (Non-Related)
$750
$109,269
+14469%
Related-Party Receivables
-
-
-
Inventories
$0
-
-
Prepaid Expenses
$403,054
$367,891
-9%
Investments
-
-
-
Property, Plant, & Equipment (net)
$13,092,330
$14,072,817
+7%
Other Assets
$69,816
$2,099,131
+2907%
Total Assets
$17,031,436
$17,946,222
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$58,555
$4,279
-93%
Grants Payable
-
$143,250
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,849,329
$5,276,473
+9%
Related-Party Payables
-
-
-
Other Liabilities
$88,865
$2,200,661
+2376%
Total Liabilities
$4,996,749
$7,624,663
+53%
Net assets
2023
2024
Change
Restricted Net Assets
$10,810,233
$9,097,105
-16%
Unrestricted Net Assets
$1,224,454
$1,224,454
+0%
Net assets
2023
2024
Change
Net assets
+$12,034,687
+$10,321,559
-14%