Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$39,650,686
Other Assets
72%
Receivables (Non-Related)
15%
Property, Plant, & Equipment (net)
9%
Investments
2%
Cash & Equivalents
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$32,190,715
Notes Payable / Debt (Non-Related)
76%
Payables & Accruals
24%
Other Liabilities
<1%
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
$679,296
$573,172
-16%
Receivables (Non-Related)
$5,587,125
$6,073,944
+9%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$218,172
$176,973
-19%
Investments
$1,735,431
$680,848
-61%
Property, Plant, & Equipment (net)
$692,628
$3,737,700
+440%
Other Assets
$44,770,215
$28,408,049
-37%
Total Assets
$53,682,867
$39,650,686
-26%
Liabilities
2023
2024
Change
Payables & Accruals
$5,556,778
$7,614,423
+37%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$29,408,057
$24,405,568
-17%
Related-Party Payables
-
-
-
Other Liabilities
-
$170,724
-
Total Liabilities
$34,964,835
$32,190,715
-8%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$18,718,032
$7,459,971
-60%
Net assets
2023
2024
Change
Net assets
+$18,718,032
+$7,459,971
-60%