Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$11,637,798
Cash & Equivalents
52%
Property, Plant, & Equipment (net)
45%
Other Assets
1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$924,196
Notes Payable / Debt (Non-Related)
75%
Payables & Accruals
12%
Other Liabilities
8%
Deferred Revenue
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,897,382
$6,101,210
+3%
Receivables (Non-Related)
$16,937
$41,861
+147%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$104,776
$103,644
-1%
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,376,886
$5,250,172
-2%
Other Assets
$199,108
$140,911
-29%
Total Assets
$11,595,089
$11,637,798
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$411,215
$108,281
-74%
Grants Payable
-
-
-
Deferred Revenue
$42,323
$53,643
+27%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$689,159
$689,158
0%
Related-Party Payables
-
-
-
Other Liabilities
$74,527
$73,114
-2%
Total Liabilities
$1,217,224
$924,196
-24%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$10,377,865
$10,713,602
+3%
Net assets
2023
2024
Change
Net assets
+$10,377,865
+$10,713,602
+3%