Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$110,380,377
Property, Plant, & Equipment (net)
64%
Investments
22%
Cash & Equivalents
6%
Inventories
4%
Receivables (Non-Related)
4%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$54,068,500
Notes Payable / Debt (Non-Related)
87%
Other Liabilities
7%
Payables & Accruals
6%
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
$12,418,585
$6,494,507
-48%
Receivables (Non-Related)
$3,496,673
$3,908,620
+12%
Related-Party Receivables
$0
$0
-
Inventories
$4,350,457
$4,585,076
+5%
Prepaid Expenses
$753,047
$678,829
-10%
Investments
$21,964,539
$24,329,453
+11%
Property, Plant, & Equipment (net)
$67,618,970
$70,185,274
+4%
Other Assets
$203,097
$198,618
-2%
Total Assets
$110,805,368
$110,380,377
0%
Liabilities
2023
2024
Change
Payables & Accruals
$2,581,023
$3,067,147
+19%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$49,482,674
$47,009,846
-5%
Related-Party Payables
$0
$0
-
Other Liabilities
$7,648,860
$3,991,507
-48%
Total Liabilities
$59,712,557
$54,068,500
-9%
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
+$51,092,811
+$56,311,877
+10%