Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,245,007
Property, Plant, & Equipment (net)
61%
Receivables (Non-Related)
32%
Cash & Equivalents
5%
Other Assets
<1%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,537,311
Deferred Revenue
50%
Notes Payable / Debt (Non-Related)
44%
Payables & Accruals
5%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$531,649
$231,596
-56%
Receivables (Non-Related)
$1,112,062
$1,364,747
+23%
Related-Party Receivables
-
-
-
Inventories
$30,342
$30,979
+2%
Prepaid Expenses
-
$644
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,746,047
$2,580,170
-6%
Other Assets
$47,160
$36,871
-22%
Total Assets
$4,467,260
$4,245,007
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$159,319
$124,680
-22%
Grants Payable
-
-
-
Deferred Revenue
$1,294,218
$1,268,769
-2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,272,647
$1,120,570
-12%
Related-Party Payables
-
-
-
Other Liabilities
$37,745
$23,292
-38%
Total Liabilities
$2,763,929
$2,537,311
-8%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,703,331
$1,707,696
+0%
Net assets
2023
2024
Change
Net assets
+$1,703,331
+$1,707,696
+0%