Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$8,110,583
Property, Plant, & Equipment (net)
90%
Receivables (Non-Related)
3%
Investments
3%
Cash & Equivalents
1%
Other Assets
1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$7,739,123
Notes Payable / Debt (Non-Related)
72%
Deferred Revenue
23%
Other Liabilities
3%
Payables & Accruals
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$431,946
$111,737
-74%
Receivables (Non-Related)
$287,187
$246,576
-14%
Related-Party Receivables
-
-
-
Inventories
$65,316
$53,838
-18%
Prepaid Expenses
$72,756
$78,000
+7%
Investments
$209,106
$211,801
+1%
Property, Plant, & Equipment (net)
$7,356,896
$7,298,042
-1%
Other Assets
$111,891
$110,589
-1%
Total Assets
$8,535,098
$8,110,583
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$135,478
$169,959
+25%
Grants Payable
-
-
-
Deferred Revenue
$1,741,756
$1,818,471
+4%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,720,841
$5,544,540
-3%
Related-Party Payables
-
-
-
Other Liabilities
$44,725
$206,153
+361%
Total Liabilities
$7,642,800
$7,739,123
+1%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$892,298
$371,460
-58%
Net assets
2023
2024
Change
Net assets
+$892,298
+$371,460
-58%