Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$42,409,090
Property, Plant, & Equipment (net)
49%
Cash & Equivalents
21%
Investments
14%
Receivables (Non-Related)
9%
Other Assets
6%
Inventories
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$18,403,858
Tax-Exempt Bond Liabilities
58%
Notes Payable / Debt (Non-Related)
27%
Payables & Accruals
16%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,792,920
$8,825,518
+13%
Receivables (Non-Related)
$3,627,956
$3,691,925
+2%
Related-Party Receivables
-
-
-
Inventories
$595,032
$518,231
-13%
Prepaid Expenses
$236,123
$289,123
+22%
Investments
$5,346,421
$6,002,802
+12%
Property, Plant, & Equipment (net)
$21,439,440
$20,693,766
-3%
Other Assets
$2,347,833
$2,387,725
+2%
Total Assets
$41,385,725
$42,409,090
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$2,934,066
$2,871,036
-2%
Grants Payable
-
-
-
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
$12,125,000
$10,650,000
-12%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,416,335
$4,882,822
+11%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$19,475,401
$18,403,858
-6%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$21,910,324
$24,005,232
+10%
Net assets
2023
2024
Change
Net assets
+$21,910,324
+$24,005,232
+10%