Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$22,828,840
Property, Plant, & Equipment (net)
79%
Receivables (Non-Related)
16%
Cash & Equivalents
2%
Other Assets
1%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$11,462,835
Notes Payable / Debt (Non-Related)
73%
Payables & Accruals
25%
Other Liabilities
2%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$489,878
$447,891
-9%
Receivables (Non-Related)
$1,669,314
$3,757,598
+125%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$165,004
$231,543
+40%
Investments
$1,255,843
-
-
Property, Plant, & Equipment (net)
$7,043,644
$18,100,797
+157%
Other Assets
$10,215,509
$291,011
-97%
Total Assets
$20,839,192
$22,828,840
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$1,870,747
$2,851,314
+52%
Grants Payable
-
-
-
Deferred Revenue
$24,930
$27,115
+9%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$8,382,969
$8,391,421
+0%
Related-Party Payables
-
-
-
Other Liabilities
$213,736
$192,985
-10%
Total Liabilities
$10,492,382
$11,462,835
+9%
Net assets
2023
2024
Change
Restricted Net Assets
-
$24,800
-
Unrestricted Net Assets
$10,346,810
$11,341,205
+10%
Net assets
2023
2024
Change
Net assets
+$10,346,810
+$11,366,005
+10%