Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$22,302,307
Cash & Equivalents
48%
Property, Plant, & Equipment (net)
27%
Receivables (Non-Related)
17%
Other Assets
8%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$7,013,917
Notes Payable / Debt (Non-Related)
83%
Payables & Accruals
11%
Other Liabilities
4%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,357,916
$10,622,491
+27%
Receivables (Non-Related)
$1,637,329
$3,863,361
+136%
Related-Party Receivables
$2,759,613
-
-
Inventories
-
-
-
Prepaid Expenses
$293,549
$83,752
-71%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,339,895
$5,925,044
+153%
Other Assets
$513,999
$1,807,659
+252%
Total Assets
$15,902,301
$22,302,307
+40%
Liabilities
2023
2024
Change
Payables & Accruals
$760,072
$746,219
-2%
Grants Payable
-
-
-
Deferred Revenue
-
$168,628
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,737,990
$5,791,492
+233%
Related-Party Payables
-
-
-
Other Liabilities
$0
$307,578
-
Total Liabilities
$2,498,062
$7,013,917
+181%
Net assets
2023
2024
Change
Restricted Net Assets
$9,003,388
$9,065,271
+1%
Unrestricted Net Assets
$4,400,851
$6,223,119
+41%
Net assets
2023
2024
Change
Net assets
+$13,404,239
+$15,288,390
+14%