Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$108,029,994
Property, Plant, & Equipment (net)
68%
Other Assets
18%
Investments
8%
Cash & Equivalents
3%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$59,340,542
Notes Payable / Debt (Non-Related)
76%
Other Liabilities
9%
Payables & Accruals
8%
Deferred Revenue
7%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,680,690
$3,362,544
-28%
Receivables (Non-Related)
$3,806,562
$2,947,286
-23%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$145,687
$850,140
+484%
Investments
$8,244,393
$8,336,497
+1%
Property, Plant, & Equipment (net)
$71,903,377
$73,268,836
+2%
Other Assets
$18,024,787
$19,264,691
+7%
Total Assets
$106,805,496
$108,029,994
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$6,798,316
$4,987,952
-27%
Grants Payable
-
-
-
Deferred Revenue
$3,876,767
$4,448,892
+15%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$49,889,227
$44,822,403
-10%
Related-Party Payables
-
-
-
Other Liabilities
$4,626,966
$5,081,295
+10%
Total Liabilities
$65,191,276
$59,340,542
-9%
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
+$41,614,220
+$48,689,452
+17%