Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$40,336,155
Cash & Equivalents
56%
Property, Plant, & Equipment (net)
37%
Receivables (Non-Related)
4%
Other Assets
2%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,457,630
Payables & Accruals
63%
Other Liabilities
14%
Notes Payable / Debt (Non-Related)
13%
Deferred Revenue
10%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$26,873,817
$22,717,568
-15%
Receivables (Non-Related)
$1,357,247
$1,430,917
+5%
Related-Party Receivables
$0
$0
-
Inventories
$10,921
$16,150
+48%
Prepaid Expenses
$159,597
$233,152
+46%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$15,344,876
$15,057,285
-2%
Other Assets
$827,756
$881,083
+6%
Total Assets
$44,574,214
$40,336,155
-10%
Liabilities
2023
2024
Change
Payables & Accruals
$2,075,013
$1,542,320
-26%
Grants Payable
$0
-
-
Deferred Revenue
$307,196
$252,609
-18%
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$0
-
-
Notes Payable / Debt (Non-Related)
$366,848
$327,742
-11%
Related-Party Payables
$0
$0
-
Other Liabilities
$199,425
$334,959
+68%
Total Liabilities
$2,948,482
$2,457,630
-17%
Net assets
2023
2024
Change
Restricted Net Assets
$1,373,002
$631,161
-54%
Unrestricted Net Assets
$40,252,730
$37,247,364
-7%
Net assets
2023
2024
Change
Net assets
+$41,625,732
+$37,878,525
-9%