Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$26,096,695
Property, Plant, & Equipment (net)
95%
Receivables (Non-Related)
2%
Prepaid Expenses
2%
Cash & Equivalents
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$14,784,764
Related-Party Payables
87%
Deferred Revenue
6%
Notes Payable / Debt (Non-Related)
5%
Payables & Accruals
2%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$971,341
$247,329
-75%
Receivables (Non-Related)
$628,859
$514,357
-18%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$207,936
$464,538
+123%
Investments
-
-
-
Property, Plant, & Equipment (net)
$25,811,064
$24,818,707
-4%
Other Assets
$430,748
$51,764
-88%
Total Assets
$28,049,948
$26,096,695
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$223,168
$226,879
+2%
Grants Payable
-
-
-
Deferred Revenue
$782,106
$832,345
+6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,131,628
$801,736
-29%
Related-Party Payables
$12,690,291
$12,872,040
+1%
Other Liabilities
$430,748
$51,764
-88%
Total Liabilities
$15,257,941
$14,784,764
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$344,749
$118,424
-66%
Unrestricted Net Assets
$12,447,258
$11,193,507
-10%
Net assets
2023
2024
Change
Net assets
+$12,792,007
+$11,311,931
-12%