Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$66,681,208
Property, Plant, & Equipment (net)
87%
Cash & Equivalents
4%
Receivables (Non-Related)
4%
Investments
3%
Prepaid Expenses
<1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$19,458,983
Notes Payable / Debt (Non-Related)
71%
Payables & Accruals
24%
Deferred Revenue
5%
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
$2,253,014
$2,879,331
+28%
Receivables (Non-Related)
$8,245,454
$2,831,796
-66%
Related-Party Receivables
-
-
-
Inventories
$397,553
$406,706
+2%
Prepaid Expenses
$615,293
$569,923
-7%
Investments
-
$2,231,427
-
Property, Plant, & Equipment (net)
$52,458,794
$57,743,620
+10%
Other Assets
-
$18,405
-
Total Assets
$63,970,108
$66,681,208
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$3,397,516
$4,731,484
+39%
Grants Payable
-
-
-
Deferred Revenue
$17,875,874
$934,267
-95%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$15,184,478
$13,793,232
-9%
Related-Party Payables
-
-
-
Other Liabilities
$1,426,205
$0
-100%
Total Liabilities
$37,884,073
$19,458,983
-49%
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
+$26,086,035
+$47,222,225
+81%