Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$98,434,485
Property, Plant, & Equipment (net)
66%
Cash & Equivalents
16%
Investments
9%
Other Assets
7%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$7,304,869
Other Liabilities
64%
Payables & Accruals
22%
Grants Payable
15%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$22,689,916
$16,240,157
-28%
Receivables (Non-Related)
$1,291,369
$1,932,119
+50%
Related-Party Receivables
-
$0
-
Inventories
-
-
-
Prepaid Expenses
$81,417
$37,725
-54%
Investments
$5,607,084
$8,756,338
+56%
Property, Plant, & Equipment (net)
$62,535,476
$64,906,656
+4%
Other Assets
$5,984,260
$6,561,490
+10%
Total Assets
$98,189,522
$98,434,485
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$3,297,164
$1,586,953
-52%
Grants Payable
-
$1,078,262
-
Deferred Revenue
$1,213,027
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
$0
-
Other Liabilities
$4,320,624
$4,639,654
+7%
Total Liabilities
$8,830,815
$7,304,869
-17%
Net assets
2023
2024
Change
Restricted Net Assets
$592,249
$405,769
-31%
Unrestricted Net Assets
$88,766,458
$90,723,847
+2%
Net assets
2023
2024
Change
Net assets
+$89,358,707
+$91,129,616
+2%