Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$18,238,183
Receivables (Non-Related)
84%
Property, Plant, & Equipment (net)
12%
Other Assets
2%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$14,532,301
Notes Payable / Debt (Non-Related)
93%
Deferred Revenue
5%
Payables & Accruals
2%
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
$1,166,351
$284,204
-76%
Receivables (Non-Related)
$1,082,340
$15,400,135
+1323%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$126,854
$106,038
-16%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,917,433
$2,100,931
-28%
Other Assets
$9,918
$346,875
+3397%
Total Assets
$5,302,896
$18,238,183
+244%
Liabilities
2023
2024
Change
Payables & Accruals
$438,910
$291,829
-34%
Grants Payable
-
-
-
Deferred Revenue
$1,016,916
$690,472
-32%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$250,000
$13,550,000
+5320%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,705,826
$14,532,301
+752%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,597,070
$3,705,882
+3%
Net assets
2023
2024
Change
Net assets
+$3,597,070
+$3,705,882
+3%