Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$20,329,707
Cash & Equivalents
47%
Property, Plant, & Equipment (net)
35%
Receivables (Non-Related)
10%
Other Assets
7%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$10,209,696
Notes Payable / Debt (Non-Related)
64%
Payables & Accruals
36%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,264,364
$9,521,374
+31%
Receivables (Non-Related)
$1,849,149
$2,074,987
+12%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$190,712
$176,611
-7%
Investments
-
-
-
Property, Plant, & Equipment (net)
$7,203,209
$7,127,347
-1%
Other Assets
$1,420,642
$1,429,388
+1%
Total Assets
$17,928,076
$20,329,707
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$1,404,487
$3,642,849
+159%
Grants Payable
-
-
-
Deferred Revenue
$7,413
$54,341
+633%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,426,514
$6,512,506
+1%
Related-Party Payables
-
-
-
Other Liabilities
-
$0
-
Total Liabilities
$7,838,414
$10,209,696
+30%
Net assets
2023
2024
Change
Restricted Net Assets
-
$0
-
Unrestricted Net Assets
$10,089,662
$10,120,011
+0%
Net assets
2023
2024
Change
Net assets
+$10,089,662
+$10,120,011
+0%