Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$72,365,541
Property, Plant, & Equipment (net)
85%
Cash & Equivalents
9%
Other Assets
2%
Inventories
2%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$13,606,718
Notes Payable / Debt (Non-Related)
54%
Payables & Accruals
35%
Deferred Revenue
11%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,215,546
$6,718,454
+8%
Receivables (Non-Related)
$1,001,261
$1,014,230
+1%
Related-Party Receivables
$0
$0
-
Inventories
$995,782
$1,209,840
+21%
Prepaid Expenses
$385,800
$615,382
+60%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$57,057,233
$61,302,164
+7%
Other Assets
$1,007,574
$1,505,471
+49%
Total Assets
$66,663,196
$72,365,541
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$4,467,488
$4,750,251
+6%
Grants Payable
$0
$0
-
Deferred Revenue
$1,267,181
$1,530,779
+21%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$3,324,764
$7,325,688
+120%
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$9,059,433
$13,606,718
+50%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$57,603,763
+$58,758,823
+2%