Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$34,792,619
Property, Plant, & Equipment (net)
42%
Cash & Equivalents
40%
Receivables (Non-Related)
11%
Other Assets
7%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$28,861,911
Notes Payable / Debt (Non-Related)
86%
Payables & Accruals
8%
Other Liabilities
7%
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
$3,525,193
$13,784,723
+291%
Receivables (Non-Related)
$3,964,501
$3,801,849
-4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$78,333
$148,124
+89%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,081,284
$14,601,301
+602%
Other Assets
$2,793,226
$2,456,622
-12%
Total Assets
$12,442,537
$34,792,619
+180%
Liabilities
2023
2024
Change
Payables & Accruals
$1,648,068
$2,284,537
+39%
Grants Payable
-
-
-
Deferred Revenue
$16,329
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,301,675
$24,681,895
+972%
Related-Party Payables
-
-
-
Other Liabilities
$2,613,659
$1,895,479
-27%
Total Liabilities
$6,579,731
$28,861,911
+339%
Net assets
2023
2024
Change
Restricted Net Assets
$1,290,103
$1,468,251
+14%
Unrestricted Net Assets
$4,572,703
$4,462,457
-2%
Net assets
2023
2024
Change
Net assets
+$5,862,806
+$5,930,708
+1%