Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,746,949
Property, Plant, & Equipment (net)
76%
Cash & Equivalents
20%
Related-Party Receivables
3%
Prepaid Expenses
<1%
Other Assets
<1%
Receivables (Non-Related)
<1%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,356,366
Notes Payable / Debt (Non-Related)
96%
Payables & Accruals
4%
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
$1,276,772
$1,354,419
+6%
Receivables (Non-Related)
$36,032
$4,490
-88%
Related-Party Receivables
-
$207,745
-
Inventories
-
-
-
Prepaid Expenses
$15,358
$12,967
-16%
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,259,870
$5,154,371
-2%
Other Assets
-
$12,957
-
Total Assets
$6,588,032
$6,746,949
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$42,137
$54,884
+30%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,399,056
$1,301,482
-7%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,441,193
$1,356,366
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$836,251
$996,657
+19%
Unrestricted Net Assets
$4,310,588
$4,393,926
+2%
Net assets
2023
2024
Change
Net assets
+$5,146,839
+$5,390,583
+5%