Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$5,716,511
Cash & Equivalents
80%
Property, Plant, & Equipment (net)
18%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$906,032
Other Liabilities
58%
Notes Payable / Debt (Non-Related)
23%
Payables & Accruals
19%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,511,297
$4,567,180
+30%
Receivables (Non-Related)
$59,988
$15,000
-75%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$90,059
$76,831
-15%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,259,026
$1,057,500
-16%
Other Assets
-
-
-
Total Assets
$4,920,370
$5,716,511
+16%
Liabilities
2023
2024
Change
Payables & Accruals
$132,225
$172,311
+30%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$254,398
$206,500
-19%
Related-Party Payables
-
-
-
Other Liabilities
$510,458
$527,221
+3%
Total Liabilities
$897,081
$906,032
+1%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$4,023,289
$4,810,479
+20%
Net assets
2023
2024
Change
Net assets
+$4,023,289
+$4,810,479
+20%