Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$70,860,677
Other Assets
48%
Property, Plant, & Equipment (net)
20%
Cash & Equivalents
13%
Investments
11%
Inventories
6%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$38,888,166
Other Liabilities
91%
Payables & Accruals
6%
Notes Payable / Debt (Non-Related)
3%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,942,278
$9,272,949
+34%
Receivables (Non-Related)
$1,153,722
$713,265
-38%
Related-Party Receivables
-
-
-
Inventories
$3,706,873
$4,061,745
+10%
Prepaid Expenses
$489,092
$564,078
+15%
Investments
$6,788,881
$7,907,813
+16%
Property, Plant, & Equipment (net)
$12,909,671
$14,444,503
+12%
Other Assets
$32,124,288
$33,896,324
+6%
Total Assets
$64,114,805
$70,860,677
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$2,250,345
$2,523,014
+12%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,612,087
$1,043,958
-35%
Related-Party Payables
-
-
-
Other Liabilities
$33,528,733
$35,321,194
+5%
Total Liabilities
$37,391,165
$38,888,166
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$545,233
$333,796
-39%
Unrestricted Net Assets
$26,178,407
$31,638,715
+21%
Net assets
2023
2024
Change
Net assets
+$26,723,640
+$31,972,511
+20%