Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$44,674,853
Property, Plant, & Equipment (net)
84%
Receivables (Non-Related)
11%
Cash & Equivalents
3%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$24,015,232
Notes Payable / Debt (Non-Related)
86%
Deferred Revenue
8%
Payables & Accruals
6%
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
$6,315,828
$1,471,812
-77%
Receivables (Non-Related)
$6,859,617
$5,126,723
-25%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$396,584
$332,194
-16%
Investments
-
-
-
Property, Plant, & Equipment (net)
$11,917,980
$37,500,040
+215%
Other Assets
$17,935,573
$244,084
-99%
Total Assets
$43,425,582
$44,674,853
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$2,732,921
$1,443,356
-47%
Grants Payable
-
-
-
Deferred Revenue
$1,721,505
$1,853,510
+8%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$15,108,047
$20,657,099
+37%
Related-Party Payables
-
-
-
Other Liabilities
-
$61,267
-
Total Liabilities
$19,562,473
$24,015,232
+23%
Net assets
2023
2024
Change
Restricted Net Assets
$7,526,708
$4,855,400
-35%
Unrestricted Net Assets
$16,336,401
$15,804,221
-3%
Net assets
2023
2024
Change
Net assets
+$23,863,109
+$20,659,621
-13%