Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$15,264,041
Property, Plant, & Equipment (net)
72%
Cash & Equivalents
26%
Other Assets
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,311,354
Notes Payable / Debt (Non-Related)
71%
Payables & Accruals
14%
Deferred Revenue
11%
Other Liabilities
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,940,094
$3,996,286
-33%
Receivables (Non-Related)
$137,716
$93,973
-32%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$20,853
$0
-100%
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,067,018
$11,015,291
+117%
Other Assets
$410,679
$158,491
-61%
Total Assets
$11,576,360
$15,264,041
+32%
Liabilities
2023
2024
Change
Payables & Accruals
$559,725
$623,038
+11%
Grants Payable
-
-
-
Deferred Revenue
$374,149
$488,895
+31%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,929,071
$3,065,892
+5%
Related-Party Payables
-
-
-
Other Liabilities
$37,802
$133,529
+253%
Total Liabilities
$3,900,747
$4,311,354
+11%
Net assets
2023
2024
Change
Restricted Net Assets
$4,135,345
$6,114,148
+48%
Unrestricted Net Assets
$3,540,268
$4,838,539
+37%
Net assets
2023
2024
Change
Net assets
+$7,675,613
+$10,952,687
+43%