Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$51,944,592
Property, Plant, & Equipment (net)
79%
Receivables (Non-Related)
10%
Cash & Equivalents
8%
Prepaid Expenses
2%
Investments
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$46,322,756
Tax-Exempt Bond Liabilities
77%
Payables & Accruals
11%
Notes Payable / Debt (Non-Related)
6%
Other Liabilities
5%
Deferred Revenue
<1%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,832,484
$4,270,294
+11%
Receivables (Non-Related)
$2,136,048
$5,441,232
+155%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$242,551
$1,056,509
+336%
Investments
$293,648
$164,117
-44%
Property, Plant, & Equipment (net)
$42,244,184
$40,907,770
-3%
Other Assets
$530,415
$104,670
-80%
Total Assets
$49,279,330
$51,944,592
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$2,841,293
$5,211,097
+83%
Grants Payable
-
-
-
Deferred Revenue
$120,700
$116,600
-3%
Tax-Exempt Bond Liabilities
$37,179,721
$35,840,462
-4%
Custodial & Escrow Liabilities
$4,408
$769
-83%
Notes Payable / Debt (Non-Related)
$2,829,164
$2,792,394
-1%
Related-Party Payables
-
-
-
Other Liabilities
$2,602,886
$2,361,434
-9%
Total Liabilities
$45,578,172
$46,322,756
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$731,120
$666,008
-9%
Unrestricted Net Assets
$2,970,038
$4,955,828
+67%
Net assets
2023
2024
Change
Net assets
+$3,701,158
+$5,621,836
+52%