Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$16,897,549
Receivables (Non-Related)
70%
Property, Plant, & Equipment (net)
24%
Prepaid Expenses
4%
Cash & Equivalents
2%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,103,858
Notes Payable / Debt (Non-Related)
57%
Payables & Accruals
24%
Other Liabilities
20%
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
$3,538,719
$369,993
-90%
Receivables (Non-Related)
$10,364,508
$11,788,479
+14%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$851,473
$683,363
-20%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,392,446
$4,046,027
+19%
Other Assets
$33,404
$9,687
-71%
Total Assets
$18,180,550
$16,897,549
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$5,139,698
$1,446,604
-72%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,232,323
$3,456,329
+55%
Related-Party Payables
-
-
-
Other Liabilities
$1,847,582
$1,200,925
-35%
Total Liabilities
$9,219,603
$6,103,858
-34%
Net assets
2023
2024
Change
Restricted Net Assets
$1,996,559
$1,996,559
+0%
Unrestricted Net Assets
$6,964,388
$8,797,132
+26%
Net assets
2023
2024
Change
Net assets
+$8,960,947
+$10,793,691
+20%