Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,601,248
Property, Plant, & Equipment (net)
57%
Receivables (Non-Related)
22%
Cash & Equivalents
18%
Prepaid Expenses
3%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,446,809
Payables & Accruals
66%
Other Liabilities
30%
Deferred Revenue
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$378,526
$1,216,898
+221%
Receivables (Non-Related)
$1,128,177
$1,422,122
+26%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$219,108
$183,330
-16%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,772,600
$3,774,329
+0%
Other Assets
$4,569
$4,569
+0%
Total Assets
$5,502,980
$6,601,248
+20%
Liabilities
2023
2024
Change
Payables & Accruals
$1,229,798
$1,609,572
+31%
Grants Payable
-
-
-
Deferred Revenue
$35,586
$95,128
+167%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$709,278
$742,109
+5%
Total Liabilities
$1,974,662
$2,446,809
+24%
Net assets
2023
2024
Change
Restricted Net Assets
$69,324
$66,582
-4%
Unrestricted Net Assets
$3,458,994
$4,087,857
+18%
Net assets
2023
2024
Change
Net assets
+$3,528,318
+$4,154,439
+18%