Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,572,479
Property, Plant, & Equipment (net)
46%
Cash & Equivalents
38%
Other Assets
8%
Receivables (Non-Related)
7%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$733,115
Notes Payable / Debt (Non-Related)
73%
Deferred Revenue
21%
Payables & Accruals
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$734,641
$1,743,792
+137%
Receivables (Non-Related)
$54,326
$302,626
+457%
Related-Party Receivables
-
-
-
Inventories
$19,857
$22,741
+15%
Prepaid Expenses
$16,927
$29,289
+73%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,193,648
$2,113,100
-4%
Other Assets
$500,996
$360,931
-28%
Total Assets
$3,520,395
$4,572,479
+30%
Liabilities
2023
2024
Change
Payables & Accruals
$7,002
$43,752
+525%
Grants Payable
-
-
-
Deferred Revenue
$266,644
$154,435
-42%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$569,241
$534,928
-6%
Related-Party Payables
-
-
-
Other Liabilities
$48,697
-
-
Total Liabilities
$891,584
$733,115
-18%
Net assets
2023
2024
Change
Restricted Net Assets
$551,407
$656,699
+19%
Unrestricted Net Assets
$2,077,404
$3,182,665
+53%
Net assets
2023
2024
Change
Net assets
+$2,628,811
+$3,839,364
+46%