Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$56,886,657
Property, Plant, & Equipment (net)
56%
Cash & Equivalents
32%
Receivables (Non-Related)
8%
Other Assets
3%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$9,199,215
Notes Payable / Debt (Non-Related)
51%
Payables & Accruals
35%
Tax-Exempt Bond Liabilities
14%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,924,493
$17,977,724
+101%
Receivables (Non-Related)
$11,103,199
$4,694,065
-58%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$680,960
$887,068
+30%
Investments
-
-
-
Property, Plant, & Equipment (net)
$31,143,159
$31,626,303
+2%
Other Assets
-
$1,701,497
-
Total Assets
$51,851,811
$56,886,657
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$5,609,972
$3,263,385
-42%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$1,957,207
$1,283,658
-34%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,958,541
$4,652,172
+57%
Related-Party Payables
-
-
-
Other Liabilities
$0
$0
-
Total Liabilities
$10,525,720
$9,199,215
-13%
Net assets
2023
2024
Change
Restricted Net Assets
$1,970,852
$3,554,407
+80%
Unrestricted Net Assets
$39,355,239
$44,133,035
+12%
Net assets
2023
2024
Change
Net assets
+$41,326,091
+$47,687,442
+15%