Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,308,382
Cash & Equivalents
55%
Property, Plant, & Equipment (net)
42%
Prepaid Expenses
2%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$677,958
Payables & Accruals
75%
Notes Payable / Debt (Non-Related)
25%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,915,992
$2,372,765
+24%
Receivables (Non-Related)
$33,000
$9,971
-70%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$52,968
$95,804
+81%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,841,227
$1,829,842
-1%
Other Assets
$0
-
-
Total Assets
$3,843,187
$4,308,382
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$379,949
$508,713
+34%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$474,541
$169,245
-64%
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$854,490
$677,958
-21%
Net assets
2023
2024
Change
Restricted Net Assets
$162,450
$139,207
-14%
Unrestricted Net Assets
$2,826,247
$3,491,217
+24%
Net assets
2023
2024
Change
Net assets
+$2,988,697
+$3,630,424
+21%