Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$75,271,739
Property, Plant, & Equipment (net)
53%
Other Assets
25%
Cash & Equivalents
12%
Inventories
8%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$22,301,566
Other Liabilities
82%
Payables & Accruals
16%
Notes Payable / Debt (Non-Related)
1%
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
$14,004,429
$8,955,851
-36%
Receivables (Non-Related)
$720,848
$214,889
-70%
Related-Party Receivables
$0
$0
-
Inventories
$5,762,082
$6,381,315
+11%
Prepaid Expenses
$533,907
$528,872
-1%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$36,046,848
$40,199,227
+12%
Other Assets
$22,305,147
$18,991,585
-15%
Total Assets
$79,373,261
$75,271,739
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$3,593,537
$3,573,897
-1%
Grants Payable
$0
$0
-
Deferred Revenue
$36,250
$48,250
+33%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$417,849
$327,485
-22%
Related-Party Payables
$0
$0
-
Other Liabilities
$21,457,131
$18,351,934
-14%
Total Liabilities
$25,504,767
$22,301,566
-13%
Net assets
2023
2024
Change
Restricted Net Assets
$62,430
$0
-100%
Unrestricted Net Assets
$53,806,064
$52,970,173
-2%
Net assets
2023
2024
Change
Net assets
+$53,868,494
+$52,970,173
-2%