Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$6,996,479
Property, Plant, & Equipment (net)
44%
Cash & Equivalents
29%
Receivables (Non-Related)
23%
Investments
3%
Prepaid Expenses
1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,774,600
Notes Payable / Debt (Non-Related)
73%
Payables & Accruals
18%
Other Liabilities
8%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,062,618
$2,047,253
+93%
Receivables (Non-Related)
$1,855,759
$1,601,757
-14%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$27,728
$76,675
+177%
Investments
$193,289
$203,285
+5%
Property, Plant, & Equipment (net)
$2,507,897
$3,065,018
+22%
Other Assets
$8,112
$2,491
-69%
Total Assets
$5,655,403
$6,996,479
+24%
Liabilities
2023
2024
Change
Payables & Accruals
$482,174
$327,081
-32%
Grants Payable
-
-
-
Deferred Revenue
$1,480
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,300,000
$1,300,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
$154,330
$147,519
-4%
Total Liabilities
$1,937,984
$1,774,600
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$2,467,161
$3,875,735
+57%
Unrestricted Net Assets
$1,250,258
$1,346,144
+8%
Net assets
2023
2024
Change
Net assets
+$3,717,419
+$5,221,879
+40%