Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$37,903,038
Receivables (Non-Related)
51%
Property, Plant, & Equipment (net)
29%
Cash & Equivalents
14%
Other Assets
4%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$17,623,664
Payables & Accruals
79%
Other Liabilities
9%
Related-Party Payables
6%
Deferred Revenue
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,267,193
$5,271,963
-36%
Receivables (Non-Related)
$6,802,994
$19,368,953
+185%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$597,427
$600,246
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$10,926,085
$10,978,112
+0%
Other Assets
$2,451,731
$1,683,764
-31%
Total Assets
$29,045,430
$37,903,038
+30%
Liabilities
2023
2024
Change
Payables & Accruals
$5,334,402
$13,923,258
+161%
Grants Payable
-
-
-
Deferred Revenue
$2,204,573
$1,010,560
-54%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$1,457,447
$1,043,447
-28%
Other Liabilities
$2,374,756
$1,646,399
-31%
Total Liabilities
$11,371,178
$17,623,664
+55%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$17,674,252
$20,279,374
+15%
Net assets
2023
2024
Change
Net assets
+$17,674,252
+$20,279,374
+15%