Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$22,889,754
Property, Plant, & Equipment (net)
67%
Other Assets
15%
Receivables (Non-Related)
8%
Cash & Equivalents
6%
Inventories
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$8,141,610
Notes Payable / Debt (Non-Related)
87%
Other Liabilities
8%
Payables & Accruals
5%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,028,544
$1,422,397
+38%
Receivables (Non-Related)
$2,384,494
$1,833,883
-23%
Related-Party Receivables
-
-
-
Inventories
$650,952
$782,965
+20%
Prepaid Expenses
$56,379
$58,547
+4%
Investments
-
-
-
Property, Plant, & Equipment (net)
$14,505,786
$15,325,308
+6%
Other Assets
$4,307,290
$3,466,654
-20%
Total Assets
$22,933,445
$22,889,754
0%
Liabilities
2023
2024
Change
Payables & Accruals
$327,830
$388,816
+19%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$8,154,460
$7,101,013
-13%
Related-Party Payables
-
-
-
Other Liabilities
$521,703
$651,781
+25%
Total Liabilities
$9,003,993
$8,141,610
-10%
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
+$13,929,452
+$14,748,144
+6%