Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$9,194,633
Cash & Equivalents
38%
Investments
29%
Property, Plant, & Equipment (net)
11%
Other Assets
10%
Receivables (Non-Related)
10%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$7,714,637
Other Liabilities
76%
Payables & Accruals
17%
Notes Payable / Debt (Non-Related)
7%
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
$2,237,099
$3,534,047
+58%
Receivables (Non-Related)
$267,142
$911,813
+241%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$87,911
$148,822
+69%
Investments
$2,572,582
$2,669,650
+4%
Property, Plant, & Equipment (net)
$1,066,364
$968,410
-9%
Other Assets
$4,198,721
$961,891
-77%
Total Assets
$10,429,819
$9,194,633
-12%
Liabilities
2023
2024
Change
Payables & Accruals
$33,088,847
$1,336,249
-96%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$604,658
$527,370
-13%
Related-Party Payables
-
-
-
Other Liabilities
-
$5,851,018
-
Total Liabilities
$33,693,505
$7,714,637
-77%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$23,263,686
$1,479,996
-106%
Net assets
2023
2024
Change
Net assets
-$23,263,686
+$1,479,996
-106%