Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$14,789,430
Property, Plant, & Equipment (net)
53%
Cash & Equivalents
38%
Other Assets
6%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$9,242,569
Notes Payable / Debt (Non-Related)
42%
Other Liabilities
34%
Deferred Revenue
17%
Payables & Accruals
5%
Grants Payable
2%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,330,971
$5,579,310
+67%
Receivables (Non-Related)
$903,194
$404,719
-55%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$114,673
$106,856
-7%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$5,395,765
$7,778,743
+44%
Other Assets
$1,118,016
$919,802
-18%
Total Assets
$10,862,619
$14,789,430
+36%
Liabilities
2023
2024
Change
Payables & Accruals
$876,438
$424,799
-52%
Grants Payable
$192,446
$192,446
+0%
Deferred Revenue
$432,859
$1,598,094
+269%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,559,394
$3,889,322
+149%
Related-Party Payables
-
-
-
Other Liabilities
$2,987,832
$3,137,908
+5%
Total Liabilities
$6,048,969
$9,242,569
+53%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$4,813,650
$5,546,861
+15%
Net assets
2023
2024
Change
Net assets
+$4,813,650
+$5,546,861
+15%