Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$11,518,093
Property, Plant, & Equipment (net)
85%
Cash & Equivalents
8%
Receivables (Non-Related)
5%
Other Assets
1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,322,863
Notes Payable / Debt (Non-Related)
79%
Payables & Accruals
11%
Other Liabilities
10%
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
$1,013,778
$903,649
-11%
Receivables (Non-Related)
$561,453
$581,300
+4%
Related-Party Receivables
-
-
-
Inventories
$33,653
$38,377
+14%
Prepaid Expenses
$112,284
$46,833
-58%
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,728,242
$9,802,439
+12%
Other Assets
$112,620
$145,495
+29%
Total Assets
$10,562,030
$11,518,093
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$302,610
$367,922
+22%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,881,788
$2,614,035
-9%
Related-Party Payables
-
-
-
Other Liabilities
$404,247
$340,906
-16%
Total Liabilities
$3,588,645
$3,322,863
-7%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$6,973,385
+$8,195,230
+18%