Balance Sheet

Fiscal Year: 2023
Jan 1, 2023 – Dec 31, 2023
Assets in 2023 (Year End)
$15,108,862
Property, Plant, & Equipment (net)
67%
Cash & Equivalents
18%
Other Assets
15%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2023 (Year End)
$9,630,576
Notes Payable / Debt (Non-Related)
75%
Other Liabilities
24%
Payables & Accruals
1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2022
2023
Change
Cash & Equivalents
$528,422
$2,713,666
+414%
Receivables (Non-Related)
$2,546,710
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$48,978
$16,791
-66%
Investments
-
-
-
Property, Plant, & Equipment (net)
$10,483,013
$10,064,139
-4%
Other Assets
$2,730,990
$2,314,266
-15%
Total Assets
$16,338,113
$15,108,862
-8%
Liabilities
2022
2023
Change
Payables & Accruals
$42,810
$98,446
+130%
Grants Payable
-
-
-
Deferred Revenue
$5,000
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,684,633
$7,240,262
+8%
Related-Party Payables
-
-
-
Other Liabilities
$2,712,795
$2,291,868
-16%
Total Liabilities
$9,445,238
$9,630,576
+2%
Net assets
2022
2023
Change
Restricted Net Assets
$3,007,272
$2,544,692
-15%
Unrestricted Net Assets
$3,885,603
$2,933,594
-25%
Net assets
2022
2023
Change
Net assets
+$6,892,875
+$5,478,286
-21%