Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,674,117
Property, Plant, & Equipment (net)
83%
Cash & Equivalents
8%
Investments
4%
Other Assets
3%
Inventories
2%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$795,028
Notes Payable / Debt (Non-Related)
62%
Deferred Revenue
23%
Payables & Accruals
15%
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
$428,533
$552,373
+29%
Receivables (Non-Related)
$1,315
$953
-28%
Related-Party Receivables
$0
$0
-
Inventories
$105,130
$112,809
+7%
Prepaid Expenses
$0
$0
-
Investments
$420,958
$272,497
-35%
Property, Plant, & Equipment (net)
$5,716,580
$5,540,091
-3%
Other Assets
$184,878
$195,394
+6%
Total Assets
$6,857,394
$6,674,117
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$139,196
$121,815
-12%
Grants Payable
-
-
-
Deferred Revenue
$65,737
$180,925
+175%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$513,799
$492,288
-4%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$718,732
$795,028
+11%
Net assets
2023
2024
Change
Restricted Net Assets
$4,885,380
$4,540,000
-7%
Unrestricted Net Assets
$1,253,282
$1,339,089
+7%
Net assets
2023
2024
Change
Net assets
+$6,138,662
+$5,879,089
-4%