Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$38,784,350
Property, Plant, & Equipment (net)
70%
Receivables (Non-Related)
15%
Cash & Equivalents
7%
Inventories
3%
Investments
3%
Other Assets
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$13,753,930
Payables & Accruals
59%
Notes Payable / Debt (Non-Related)
41%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,859,340
$2,758,325
-29%
Receivables (Non-Related)
$4,288,640
$5,874,737
+37%
Related-Party Receivables
-
-
-
Inventories
$459,254
$1,005,155
+119%
Prepaid Expenses
$129,739
$112,905
-13%
Investments
$751,022
$996,153
+33%
Property, Plant, & Equipment (net)
$22,983,065
$27,268,689
+19%
Other Assets
$2,302
$768,386
+33279%
Total Assets
$32,473,362
$38,784,350
+19%
Liabilities
2023
2024
Change
Payables & Accruals
$3,847,934
$8,110,997
+111%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,613,947
$5,642,933
+22%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$8,461,881
$13,753,930
+63%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$24,011,481
$25,030,420
+4%
Net assets
2023
2024
Change
Net assets
+$24,011,481
+$25,030,420
+4%