Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$27,641,752
Property, Plant, & Equipment (net)
81%
Cash & Equivalents
11%
Other Assets
7%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$34,347,499
Notes Payable / Debt (Non-Related)
85%
Other Liabilities
12%
Payables & Accruals
2%
Deferred Revenue
<1%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,949,513
$2,951,407
+51%
Receivables (Non-Related)
$165,249
$218,251
+32%
Related-Party Receivables
-
-
-
Inventories
$23,706
$18,250
-23%
Prepaid Expenses
$64,778
$69,929
+8%
Investments
-
-
-
Property, Plant, & Equipment (net)
$22,986,488
$22,438,789
-2%
Other Assets
$1,922,912
$1,945,126
+1%
Total Assets
$27,112,646
$27,641,752
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$729,700
$730,690
+0%
Grants Payable
-
-
-
Deferred Revenue
$57,846
$121,837
+111%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$40,863
$33,968
-17%
Notes Payable / Debt (Non-Related)
$29,307,000
$29,307,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
$4,473,951
$4,154,004
-7%
Total Liabilities
$34,609,360
$34,347,499
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$412,212
$412,745
+0%
Unrestricted Net Assets
-$7,908,926
-$7,118,492
+10%
Net assets
2023
2024
Change
Net assets
-$7,496,714
-$6,705,747
+11%