Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$10,623,818
Receivables (Non-Related)
55%
Property, Plant, & Equipment (net)
28%
Other Assets
16%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$11,357,004
Payables & Accruals
46%
Notes Payable / Debt (Non-Related)
28%
Other Liabilities
26%
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
$1,364,186
$172,777
-87%
Receivables (Non-Related)
$2,487,902
$5,815,565
+134%
Related-Party Receivables
-
$0
-
Inventories
-
-
-
Prepaid Expenses
$37,879
$26,643
-30%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,536,899
$2,937,445
-17%
Other Assets
$2,391,280
$1,671,388
-30%
Total Assets
$9,818,146
$10,623,818
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$576,685
$5,213,049
+804%
Grants Payable
-
-
-
Deferred Revenue
$1,856,789
$0
-100%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,946,907
$3,221,450
-18%
Related-Party Payables
-
$0
-
Other Liabilities
$4,716,297
$2,922,505
-38%
Total Liabilities
$11,096,678
$11,357,004
+2%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$1,278,532
-$733,186
+43%
Net assets
2023
2024
Change
Net assets
-$1,278,532
-$733,186
+43%