Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$28,489,759
Property, Plant, & Equipment (net)
55%
Cash & Equivalents
21%
Receivables (Non-Related)
20%
Inventories
2%
Other Assets
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$11,076,563
Tax-Exempt Bond Liabilities
67%
Payables & Accruals
26%
Other Liabilities
6%
Notes Payable / Debt (Non-Related)
2%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$9,474,917
$5,997,161
-37%
Receivables (Non-Related)
$5,334,755
$5,612,584
+5%
Related-Party Receivables
-
-
-
Inventories
$579,243
$610,492
+5%
Prepaid Expenses
$304,756
$253,404
-17%
Investments
-
-
-
Property, Plant, & Equipment (net)
$10,493,048
$15,718,434
+50%
Other Assets
$1,601,856
$297,684
-81%
Total Assets
$27,788,575
$28,489,759
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$5,169,311
$2,861,806
-45%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$7,798,938
$7,400,031
-5%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$192,458
-
Related-Party Payables
-
-
-
Other Liabilities
$336,799
$622,268
+85%
Total Liabilities
$13,305,048
$11,076,563
-17%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$14,483,527
$17,413,196
+20%
Net assets
2023
2024
Change
Net assets
+$14,483,527
+$17,413,196
+20%