Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$150,540,299
Property, Plant, & Equipment (net)
74%
Cash & Equivalents
19%
Other Assets
3%
Investments
1%
Related-Party Receivables
<1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Inventories
0%
Liabilities in 2024 (Year End)
$23,565,798
Notes Payable / Debt (Non-Related)
52%
Tax-Exempt Bond Liabilities
28%
Payables & Accruals
12%
Other Liabilities
5%
Deferred Revenue
4%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$20,658,232
$29,293,400
+42%
Receivables (Non-Related)
$1,857,687
$1,257,720
-32%
Related-Party Receivables
$836,071
$1,399,311
+67%
Inventories
-
-
-
Prepaid Expenses
$181,640
$383,681
+111%
Investments
$2,002,329
$2,073,113
+4%
Property, Plant, & Equipment (net)
$97,804,487
$111,358,181
+14%
Other Assets
$11,176,646
$4,774,893
-57%
Total Assets
$134,517,092
$150,540,299
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$9,334,618
$2,800,473
-70%
Grants Payable
-
-
-
Deferred Revenue
$50,692
$843,063
+1563%
Tax-Exempt Bond Liabilities
$8,060,375
$6,591,875
-18%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,256,435
$12,264,590
+96%
Related-Party Payables
-
-
-
Other Liabilities
$490,627
$1,065,797
+117%
Total Liabilities
$24,192,747
$23,565,798
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$2,627,400
$11,692,156
+345%
Unrestricted Net Assets
$107,696,945
$115,282,345
+7%
Net assets
2023
2024
Change
Net assets
+$110,324,345
+$126,974,501
+15%