Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$4,888,590
Property, Plant, & Equipment (net)
56%
Cash & Equivalents
27%
Other Assets
14%
Receivables (Non-Related)
4%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,697,154
Notes Payable / Debt (Non-Related)
>99%
Payables & Accruals
<1%
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
$1,244,975
$1,295,825
+4%
Receivables (Non-Related)
$182,167
$182,167
+0%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$109,200
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,992,174
$2,735,294
-9%
Other Assets
$109,899
$675,304
+514%
Total Assets
$4,638,415
$4,888,590
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$13,800
$9,900
-28%
Grants Payable
-
-
-
Deferred Revenue
$170,000
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,767,611
$2,687,254
-3%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,951,411
$2,697,154
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$1,147,447
$1,687,447
+47%
Unrestricted Net Assets
$539,557
$503,989
-7%
Net assets
2023
2024
Change
Net assets
+$1,687,004
+$2,191,436
+30%