Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$11,928,794
Property, Plant, & Equipment (net)
63%
Other Assets
31%
Cash & Equivalents
5%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,953,400
Related-Party Payables
93%
Payables & Accruals
3%
Other Liabilities
2%
Deferred Revenue
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,749,843
$544,524
-80%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$98,475
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$7,177,757
$7,541,380
+5%
Other Assets
$3,807,613
$3,744,415
-2%
Total Assets
$13,735,213
$11,928,794
-13%
Liabilities
2023
2024
Change
Payables & Accruals
$240,019
$88,507
-63%
Grants Payable
-
-
-
Deferred Revenue
$81,753
$37,160
-55%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$2,754,726
$2,754,726
+0%
Other Liabilities
$150,604
$73,007
-52%
Total Liabilities
$3,227,102
$2,953,400
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$50,000
$50,000
+0%
Unrestricted Net Assets
$10,458,111
$8,925,394
-15%
Net assets
2023
2024
Change
Net assets
+$10,508,111
+$8,975,394
-15%