Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$62,590,386
Property, Plant, & Equipment (net)
47%
Investments
26%
Receivables (Non-Related)
13%
Cash & Equivalents
10%
Inventories
3%
Prepaid Expenses
1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$38,846,937
Tax-Exempt Bond Liabilities
63%
Payables & Accruals
23%
Other Liabilities
11%
Notes Payable / Debt (Non-Related)
3%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,849,431
$6,181,076
+61%
Receivables (Non-Related)
$7,178,160
$8,289,746
+15%
Related-Party Receivables
-
-
-
Inventories
$1,436,809
$1,596,680
+11%
Prepaid Expenses
$846,249
$829,882
-2%
Investments
$14,297,725
$16,182,754
+13%
Property, Plant, & Equipment (net)
$31,856,752
$29,272,596
-8%
Other Assets
$336,271
$237,652
-29%
Total Assets
$59,801,397
$62,590,386
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$8,691,549
$8,959,596
+3%
Grants Payable
-
-
-
Deferred Revenue
$164,835
$8,479
-95%
Tax-Exempt Bond Liabilities
$25,255,729
$24,522,672
-3%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,833,649
$1,012,363
-45%
Related-Party Payables
-
-
-
Other Liabilities
$5,492,127
$4,343,827
-21%
Total Liabilities
$41,437,889
$38,846,937
-6%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$18,363,508
$23,743,449
+29%
Net assets
2023
2024
Change
Net assets
+$18,363,508
+$23,743,449
+29%