Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$15,846,753
Property, Plant, & Equipment (net)
39%
Cash & Equivalents
37%
Investments
11%
Receivables (Non-Related)
10%
Prepaid Expenses
1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$14,625,867
Notes Payable / Debt (Non-Related)
60%
Payables & Accruals
26%
Deferred Revenue
13%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,565,127
$5,908,337
+277%
Receivables (Non-Related)
$1,434,803
$1,646,781
+15%
Related-Party Receivables
$0
-
-
Inventories
$227,482
$115,169
-49%
Prepaid Expenses
$226,616
$174,752
-23%
Investments
$0
$1,763,161
-
Property, Plant, & Equipment (net)
$6,562,265
$6,161,860
-6%
Other Assets
$2,079,286
$76,693
-96%
Total Assets
$12,095,579
$15,846,753
+31%
Liabilities
2023
2024
Change
Payables & Accruals
$2,608,466
$3,749,558
+44%
Grants Payable
-
-
-
Deferred Revenue
$1,869,542
$1,968,575
+5%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,244,878
$8,831,041
+108%
Related-Party Payables
-
-
-
Other Liabilities
$31,075
$76,693
+147%
Total Liabilities
$8,753,961
$14,625,867
+67%
Net assets
2023
2024
Change
Restricted Net Assets
$179,867
$105,248
-41%
Unrestricted Net Assets
$3,161,751
$1,115,638
-65%
Net assets
2023
2024
Change
Net assets
+$3,341,618
+$1,220,886
-63%