Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$54,580,300
Cash & Equivalents
40%
Property, Plant, & Equipment (net)
34%
Receivables (Non-Related)
24%
Other Assets
<1%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$9,874,942
Payables & Accruals
35%
Other Liabilities
33%
Notes Payable / Debt (Non-Related)
31%
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
$23,609,024
$21,678,497
-8%
Receivables (Non-Related)
$12,096,233
$12,865,946
+6%
Related-Party Receivables
$0
$0
-
Inventories
$391,852
$411,717
+5%
Prepaid Expenses
$258,810
$371,497
+44%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$14,916,036
$18,807,693
+26%
Other Assets
$384,950
$444,950
+16%
Total Assets
$51,656,905
$54,580,300
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$2,505,291
$3,470,612
+39%
Grants Payable
$0
$0
-
Deferred Revenue
$27,821
$26,157
-6%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$3,332,754
$3,089,756
-7%
Related-Party Payables
$0
$0
-
Other Liabilities
$3,493,521
$3,288,417
-6%
Total Liabilities
$9,359,387
$9,874,942
+6%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$0
-
Unrestricted Net Assets
$42,297,518
$44,705,358
+6%
Net assets
2023
2024
Change
Net assets
+$42,297,518
+$44,705,358
+6%