Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$31,899,527
Property, Plant, & Equipment (net)
73%
Investments
9%
Other Assets
6%
Receivables (Non-Related)
5%
Cash & Equivalents
5%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$7,446,042
Notes Payable / Debt (Non-Related)
50%
Payables & Accruals
22%
Other Liabilities
17%
Deferred Revenue
11%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$998,294
$1,519,538
+52%
Receivables (Non-Related)
$1,386,503
$1,529,083
+10%
Related-Party Receivables
-
-
-
Inventories
$439,937
$532,773
+21%
Prepaid Expenses
$219,726
$223,680
+2%
Investments
$2,338,346
$2,941,521
+26%
Property, Plant, & Equipment (net)
$23,297,623
$23,180,520
-1%
Other Assets
$2,482,186
$1,972,412
-21%
Total Assets
$31,162,615
$31,899,527
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$1,841,009
$1,657,104
-10%
Grants Payable
-
-
-
Deferred Revenue
$753,442
$804,122
+7%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,446,692
$3,700,428
+7%
Related-Party Payables
-
-
-
Other Liabilities
$1,804,202
$1,284,388
-29%
Total Liabilities
$7,845,345
$7,446,042
-5%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$23,317,270
$24,453,485
+5%
Net assets
2023
2024
Change
Net assets
+$23,317,270
+$24,453,485
+5%