Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$14,028,036
Property, Plant, & Equipment (net)
81%
Cash & Equivalents
8%
Inventories
8%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,584,321
Notes Payable / Debt (Non-Related)
92%
Related-Party Payables
6%
Payables & Accruals
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$838,337
$1,056,512
+26%
Receivables (Non-Related)
$100,000
$350,000
+250%
Related-Party Receivables
-
-
-
Inventories
-
$1,054,300
-
Prepaid Expenses
$71,830
$115,493
+61%
Investments
-
-
-
Property, Plant, & Equipment (net)
$11,776,374
$11,421,631
-3%
Other Assets
$52,500
$30,100
-43%
Total Assets
$12,839,041
$14,028,036
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$80,370
$59,147
-26%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,429,486
$3,293,924
+36%
Related-Party Payables
$531,258
$231,250
-56%
Other Liabilities
-
-
-
Total Liabilities
$3,041,114
$3,584,321
+18%
Net assets
2023
2024
Change
Restricted Net Assets
$464,168
$801,318
+73%
Unrestricted Net Assets
$9,333,759
$9,642,397
+3%
Net assets
2023
2024
Change
Net assets
+$9,797,927
+$10,443,715
+7%