Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$68,088,770
Property, Plant, & Equipment (net)
45%
Investments
32%
Cash & Equivalents
19%
Receivables (Non-Related)
3%
Inventories
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$19,579,433
Notes Payable / Debt (Non-Related)
73%
Deferred Revenue
17%
Payables & Accruals
9%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$10,937,379
$12,746,683
+17%
Receivables (Non-Related)
$1,685,881
$1,755,999
+4%
Related-Party Receivables
-
-
-
Inventories
$784,427
$873,782
+11%
Prepaid Expenses
$453,968
$207,121
-54%
Investments
$20,668,053
$21,676,147
+5%
Property, Plant, & Equipment (net)
$30,245,236
$30,829,038
+2%
Other Assets
-
-
-
Total Assets
$64,774,944
$68,088,770
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$1,780,085
$1,837,957
+3%
Grants Payable
-
-
-
Deferred Revenue
$3,320,589
$3,422,904
+3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$14,881,259
$14,318,572
-4%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$19,981,933
$19,579,433
-2%
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
+$44,793,011
+$48,509,337
+8%