Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$5,881,691
Property, Plant, & Equipment (net)
73%
Other Assets
17%
Cash & Equivalents
7%
Receivables (Non-Related)
4%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,430,858
Other Liabilities
43%
Payables & Accruals
29%
Notes Payable / Debt (Non-Related)
28%
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
$1,092,273
$382,891
-65%
Receivables (Non-Related)
$23,221
$214,921
+826%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,670,596
$4,285,903
+17%
Other Assets
$1,054,448
$997,976
-5%
Total Assets
$5,840,538
$5,881,691
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$4,683
$708,883
+15037%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$675,000
$675,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
$1,087,114
$1,046,975
-4%
Total Liabilities
$1,766,797
$2,430,858
+38%
Net assets
2023
2024
Change
Restricted Net Assets
$549,825
$636,303
+16%
Unrestricted Net Assets
$3,523,916
$2,814,530
-20%
Net assets
2023
2024
Change
Net assets
+$4,073,741
+$3,450,833
-15%