Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$68,442,098
Property, Plant, & Equipment (net)
80%
Investments
11%
Cash & Equivalents
4%
Receivables (Non-Related)
4%
Inventories
2%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$27,723,227
Notes Payable / Debt (Non-Related)
82%
Payables & Accruals
9%
Other Liabilities
9%
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
$2,290,447
$2,559,588
+12%
Receivables (Non-Related)
$2,814,350
$2,456,720
-13%
Related-Party Receivables
-
-
-
Inventories
-
$1,377,838
-
Prepaid Expenses
$32,185
$36,721
+14%
Investments
$7,255,998
$7,365,045
+2%
Property, Plant, & Equipment (net)
$50,308,248
$54,645,872
+9%
Other Assets
$5,146,818
$314
-100%
Total Assets
$67,848,046
$68,442,098
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$1,818,326
$2,504,013
+38%
Grants Payable
-
-
-
Deferred Revenue
$1,818,277
$122,941
-93%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$23,652,853
$22,706,697
-4%
Related-Party Payables
-
-
-
Other Liabilities
-
$2,389,576
-
Total Liabilities
$27,289,456
$27,723,227
+2%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$40,558,590
+$40,718,871
+0%