Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$63,539,050
Other Assets
66%
Property, Plant, & Equipment (net)
20%
Receivables (Non-Related)
12%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$56,222,800
Other Liabilities
82%
Related-Party Payables
12%
Payables & Accruals
4%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,590,669
$994,121
-38%
Receivables (Non-Related)
$9,834,876
$7,819,425
-20%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$173,992
$181,049
+4%
Investments
-
-
-
Property, Plant, & Equipment (net)
$11,870,208
$12,415,221
+5%
Other Assets
$214,018
$42,129,234
+19585%
Total Assets
$23,683,763
$63,539,050
+168%
Liabilities
2023
2024
Change
Payables & Accruals
$1,719,844
$1,992,485
+16%
Grants Payable
-
-
-
Deferred Revenue
$1,256,247
$1,356,495
+8%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
$7,000,000
$7,000,000
+0%
Other Liabilities
$97,354
$45,873,820
+47021%
Total Liabilities
$10,073,445
$56,222,800
+458%
Net assets
2023
2024
Change
Restricted Net Assets
-
$112,150
-
Unrestricted Net Assets
$13,610,318
$7,204,100
-47%
Net assets
2023
2024
Change
Net assets
+$13,610,318
+$7,316,250
-46%