Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$18,934,959
Property, Plant, & Equipment (net)
48%
Cash & Equivalents
34%
Receivables (Non-Related)
9%
Investments
4%
Other Assets
4%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$3,626,854
Payables & Accruals
35%
Notes Payable / Debt (Non-Related)
27%
Other Liabilities
23%
Deferred Revenue
15%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,949,151
$6,424,491
+30%
Receivables (Non-Related)
$983,433
$1,677,830
+71%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$141,550
$252,869
+79%
Investments
-
$799,561
-
Property, Plant, & Equipment (net)
$8,687,431
$9,048,472
+4%
Other Assets
$1,891,342
$731,736
-61%
Total Assets
$16,652,907
$18,934,959
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$847,898
$1,276,751
+51%
Grants Payable
-
-
-
Deferred Revenue
-
$538,428
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$988,324
$963,690
-2%
Related-Party Payables
-
-
-
Other Liabilities
$840,533
$847,985
+1%
Total Liabilities
$2,676,755
$3,626,854
+35%
Net assets
2023
2024
Change
Restricted Net Assets
$572,197
$587,932
+3%
Unrestricted Net Assets
$13,403,955
$14,720,173
+10%
Net assets
2023
2024
Change
Net assets
+$13,976,152
+$15,308,105
+10%