Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$38,001,471
Cash & Equivalents
59%
Property, Plant, & Equipment (net)
35%
Receivables (Non-Related)
6%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$9,617,686
Notes Payable / Debt (Non-Related)
92%
Payables & Accruals
6%
Other Liabilities
1%
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
$16,852,475
$22,390,160
+33%
Receivables (Non-Related)
$4,236,933
$2,142,023
-49%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$60,865
$31,446
-48%
Investments
-
-
-
Property, Plant, & Equipment (net)
$10,067,993
$13,317,478
+32%
Other Assets
$93,473
$120,364
+29%
Total Assets
$31,311,739
$38,001,471
+21%
Liabilities
2023
2024
Change
Payables & Accruals
$694,653
$608,635
-12%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,331,009
$8,889,352
+40%
Related-Party Payables
-
-
-
Other Liabilities
$7,144
$119,699
+1576%
Total Liabilities
$7,032,806
$9,617,686
+37%
Net assets
2023
2024
Change
Restricted Net Assets
$3,960,327
$4,310,000
+9%
Unrestricted Net Assets
$20,318,606
$24,073,785
+18%
Net assets
2023
2024
Change
Net assets
+$24,278,933
+$28,383,785
+17%