Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$25,553,218
Property, Plant, & Equipment (net)
94%
Receivables (Non-Related)
3%
Cash & Equivalents
2%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$16,058,997
Notes Payable / Debt (Non-Related)
91%
Deferred Revenue
4%
Payables & Accruals
3%
Related-Party Payables
<1%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$487,455
$561,859
+15%
Receivables (Non-Related)
$752,678
$721,036
-4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$41,297
$61,050
+48%
Investments
-
-
-
Property, Plant, & Equipment (net)
$23,670,999
$24,135,699
+2%
Other Assets
$1,246,015
$73,574
-94%
Total Assets
$26,198,444
$25,553,218
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$277,754
$559,435
+101%
Grants Payable
-
-
-
Deferred Revenue
$607,048
$632,044
+4%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$15,022,916
$14,681,291
-2%
Related-Party Payables
-
$145,000
-
Other Liabilities
$62,145
$41,227
-34%
Total Liabilities
$15,969,863
$16,058,997
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$15,383
$78,277
+409%
Unrestricted Net Assets
$10,213,198
$9,415,944
-8%
Net assets
2023
2024
Change
Net assets
+$10,228,581
+$9,494,221
-7%