Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,038,225
Property, Plant, & Equipment (net)
94%
Cash & Equivalents
5%
Investments
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$457,191
Notes Payable / Debt (Non-Related)
84%
Deferred Revenue
8%
Payables & Accruals
5%
Other Liabilities
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$638,064
$323,860
-49%
Receivables (Non-Related)
$0
$1,000
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$18,021
$22,301
+24%
Property, Plant, & Equipment (net)
$5,806,243
$5,691,064
-2%
Other Assets
-
-
-
Total Assets
$6,462,328
$6,038,225
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$27,922
$22,145
-21%
Grants Payable
-
-
-
Deferred Revenue
$45,301
$35,275
-22%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$700,000
$384,950
-45%
Related-Party Payables
-
-
-
Other Liabilities
$26,950
$14,821
-45%
Total Liabilities
$800,173
$457,191
-43%
Net assets
2023
2024
Change
Restricted Net Assets
$4,138
$29,138
+604%
Unrestricted Net Assets
$5,658,017
$5,551,896
-2%
Net assets
2023
2024
Change
Net assets
+$5,662,155
+$5,581,034
-1%