Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$19,887,939
Property, Plant, & Equipment (net)
74%
Other Assets
9%
Cash & Equivalents
8%
Receivables (Non-Related)
5%
Inventories
2%
Related-Party Receivables
1%
Prepaid Expenses
<1%
Investments
0%
Liabilities in 2024 (Year End)
$9,156,499
Notes Payable / Debt (Non-Related)
59%
Other Liabilities
17%
Payables & Accruals
16%
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
$1,461,946
$1,634,037
+12%
Receivables (Non-Related)
$1,192,862
$1,034,713
-13%
Related-Party Receivables
$295,000
$250,000
-15%
Inventories
$339,948
$303,705
-11%
Prepaid Expenses
$117,297
$154,683
+32%
Investments
-
-
-
Property, Plant, & Equipment (net)
$14,875,348
$14,807,099
0%
Other Assets
$1,669,430
$1,703,702
+2%
Total Assets
$19,951,831
$19,887,939
0%
Liabilities
2023
2024
Change
Payables & Accruals
$1,522,576
$1,505,528
-1%
Grants Payable
-
-
-
Deferred Revenue
$714,718
$753,284
+5%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,025,245
$5,378,327
-11%
Related-Party Payables
-
-
-
Other Liabilities
$1,498,011
$1,519,360
+1%
Total Liabilities
$9,760,550
$9,156,499
-6%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$10,191,281
$10,731,440
+5%
Net assets
2023
2024
Change
Net assets
+$10,191,281
+$10,731,440
+5%