Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$19,083,063
Property, Plant, & Equipment (net)
46%
Cash & Equivalents
40%
Other Assets
13%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$11,743,124
Notes Payable / Debt (Non-Related)
88%
Other Liabilities
7%
Payables & Accruals
5%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,962,280
$7,725,273
+11%
Receivables (Non-Related)
$134,427
$168,058
+25%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$65,064
$85,104
+31%
Investments
-
-
-
Property, Plant, & Equipment (net)
$9,114,985
$8,686,062
-5%
Other Assets
$2,428,723
$2,418,566
0%
Total Assets
$18,705,479
$19,083,063
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$230,158
$546,363
+137%
Grants Payable
-
-
-
Deferred Revenue
$55,079
$48,195
-12%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$10,932,637
$10,330,145
-6%
Related-Party Payables
-
-
-
Other Liabilities
$818,588
$818,421
0%
Total Liabilities
$12,036,462
$11,743,124
-2%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$6,669,017
$7,339,939
+10%
Net assets
2023
2024
Change
Net assets
+$6,669,017
+$7,339,939
+10%