Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,762,402
Property, Plant, & Equipment (net)
97%
Prepaid Expenses
2%
Cash & Equivalents
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$16,687,361
Related-Party Payables
95%
Notes Payable / Debt (Non-Related)
3%
Payables & Accruals
2%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$69,622
$61,499
-12%
Receivables (Non-Related)
$13,250
$27,914
+111%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$119,520
$113,903
-5%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,769,236
$6,559,086
-3%
Other Assets
-
-
-
Total Assets
$6,971,628
$6,762,402
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$250,474
$341,527
+36%
Grants Payable
-
-
-
Deferred Revenue
$365,294
$87,571
-76%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$450,000
-
Related-Party Payables
$14,843,472
$15,808,263
+6%
Other Liabilities
-
-
-
Total Liabilities
$15,459,240
$16,687,361
+8%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$8,487,612
-$9,924,959
-17%
Net assets
2023
2024
Change
Net assets
-$8,487,612
-$9,924,959
-17%