Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$40,471,917
Property, Plant, & Equipment (net)
42%
Cash & Equivalents
21%
Receivables (Non-Related)
20%
Other Assets
14%
Investments
3%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$15,257,588
Other Liabilities
63%
Payables & Accruals
24%
Notes Payable / Debt (Non-Related)
13%
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
$4,564,184
$8,373,795
+83%
Receivables (Non-Related)
$3,528,539
$7,982,827
+126%
Related-Party Receivables
-
-
-
Inventories
$27,823
$19,336
-31%
Prepaid Expenses
$95,133
$97,031
+2%
Investments
$1,822,335
$1,116,315
-39%
Property, Plant, & Equipment (net)
$17,387,594
$17,061,560
-2%
Other Assets
$4,309,535
$5,821,053
+35%
Total Assets
$31,735,143
$40,471,917
+28%
Liabilities
2023
2024
Change
Payables & Accruals
$3,724,528
$3,704,084
-1%
Grants Payable
-
-
-
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,755,932
$1,996,053
-28%
Related-Party Payables
-
-
-
Other Liabilities
$7,425,055
$9,557,451
+29%
Total Liabilities
$13,905,515
$15,257,588
+10%
Net assets
2023
2024
Change
Restricted Net Assets
$235,729
$198,073
-16%
Unrestricted Net Assets
$17,593,899
$25,016,256
+42%
Net assets
2023
2024
Change
Net assets
+$17,829,628
+$25,214,329
+41%