Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$77,605,526
Property, Plant, & Equipment (net)
44%
Cash & Equivalents
29%
Other Assets
17%
Inventories
7%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$14,597,337
Other Liabilities
84%
Payables & Accruals
11%
Notes Payable / Debt (Non-Related)
6%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$26,038,006
$22,728,481
-13%
Receivables (Non-Related)
$835,513
$1,427,200
+71%
Related-Party Receivables
-
-
-
Inventories
$4,383,741
$5,586,881
+27%
Prepaid Expenses
$375,676
$684,205
+82%
Investments
$271,146
-
-
Property, Plant, & Equipment (net)
$27,585,210
$34,173,182
+24%
Other Assets
$12,300,066
$13,005,577
+6%
Total Assets
$71,789,358
$77,605,526
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$1,364,256
$1,535,968
+13%
Grants Payable
-
-
-
Deferred Revenue
$13,735
$8,315
-39%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,122,654
$849,566
-24%
Related-Party Payables
-
-
-
Other Liabilities
$12,268,495
$12,203,488
-1%
Total Liabilities
$14,769,140
$14,597,337
-1%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$57,020,218
$63,008,189
+11%
Net assets
2023
2024
Change
Net assets
+$57,020,218
+$63,008,189
+11%