Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$26,015,745
Property, Plant, & Equipment (net)
60%
Receivables (Non-Related)
20%
Cash & Equivalents
18%
Prepaid Expenses
2%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,026,067
Notes Payable / Debt (Non-Related)
49%
Other Liabilities
28%
Payables & Accruals
23%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,206,393
$4,575,923
-37%
Receivables (Non-Related)
$1,495,053
$5,142,751
+244%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$388,675
$556,552
+43%
Investments
-
-
-
Property, Plant, & Equipment (net)
$12,342,240
$15,735,455
+27%
Other Assets
$143,980
$5,064
-96%
Total Assets
$21,576,341
$26,015,745
+21%
Liabilities
2023
2024
Change
Payables & Accruals
$855,912
$1,360,342
+59%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,106,129
$2,966,089
-5%
Related-Party Payables
-
-
-
Other Liabilities
$1,918,752
$1,699,636
-11%
Total Liabilities
$5,880,793
$6,026,067
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$3,297,337
$3,966,704
+20%
Unrestricted Net Assets
$12,398,211
$16,022,974
+29%
Net assets
2023
2024
Change
Net assets
+$15,695,548
+$19,989,678
+27%