Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$16,395,409
Other Assets
40%
Receivables (Non-Related)
30%
Property, Plant, & Equipment (net)
26%
Cash & Equivalents
4%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$13,183,444
Notes Payable / Debt (Non-Related)
46%
Other Liabilities
31%
Payables & Accruals
15%
Deferred Revenue
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$547,026
$591,526
+8%
Receivables (Non-Related)
$4,028,705
$4,881,367
+21%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$4,050,106
$4,322,621
+7%
Other Assets
$4,892,311
$6,599,895
+35%
Total Assets
$13,518,148
$16,395,409
+21%
Liabilities
2023
2024
Change
Payables & Accruals
$487,470
$2,034,168
+317%
Grants Payable
-
-
-
Deferred Revenue
$2,383,757
$1,070,906
-55%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,105,580
$6,054,652
+19%
Related-Party Payables
-
-
-
Other Liabilities
$2,685,263
$4,023,718
+50%
Total Liabilities
$10,662,070
$13,183,444
+24%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,856,078
$3,211,965
+12%
Net assets
2023
2024
Change
Net assets
+$2,856,078
+$3,211,965
+12%