Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,736,272
Property, Plant, & Equipment (net)
59%
Cash & Equivalents
35%
Receivables (Non-Related)
3%
Prepaid Expenses
3%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$8,858,653
Notes Payable / Debt (Non-Related)
91%
Other Liabilities
6%
Payables & Accruals
3%
Custodial & Escrow Liabilities
<1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,612,530
$1,668,016
+3%
Receivables (Non-Related)
$80,910
$141,063
+74%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$171,745
$120,946
-30%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,200,972
$2,799,513
-13%
Other Assets
$7,007
$6,734
-4%
Total Assets
$5,073,164
$4,736,272
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$314,232
$235,132
-25%
Grants Payable
-
-
-
Deferred Revenue
$14,787
$12,962
-12%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
$57,918
-
Notes Payable / Debt (Non-Related)
$8,015,988
$8,017,836
+0%
Related-Party Payables
-
-
-
Other Liabilities
$524,948
$534,805
+2%
Total Liabilities
$8,869,955
$8,858,653
0%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$3,796,791
-$4,122,381
-9%
Net assets
2023
2024
Change
Net assets
-$3,796,791
-$4,122,381
-9%