Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$45,198,038
Property, Plant, & Equipment (net)
39%
Prepaid Expenses
37%
Inventories
11%
Investments
9%
Cash & Equivalents
2%
Receivables (Non-Related)
2%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$29,318,864
Notes Payable / Debt (Non-Related)
82%
Other Liabilities
17%
Payables & Accruals
<1%
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
$1,816,047
$965,680
-47%
Receivables (Non-Related)
$849,326
$790,310
-7%
Related-Party Receivables
-
-
-
Inventories
$4,899,839
$4,899,940
+0%
Prepaid Expenses
$17,301,733
$16,844,593
-3%
Investments
$3,767,429
$4,018,429
+7%
Property, Plant, & Equipment (net)
$17,807,085
$17,562,392
-1%
Other Assets
$519,986
$116,694
-78%
Total Assets
$46,961,445
$45,198,038
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$124,318
$176,410
+42%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$25,968,078
$24,139,961
-7%
Related-Party Payables
-
-
-
Other Liabilities
$5,189,160
$5,002,493
-4%
Total Liabilities
$31,281,556
$29,318,864
-6%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$15,679,889
+$15,879,174
+1%