Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,543,825
Property, Plant, & Equipment (net)
51%
Cash & Equivalents
46%
Inventories
2%
Prepaid Expenses
<1%
Other Assets
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$27,072
Payables & Accruals
58%
Other Liabilities
42%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,448,318
$1,175,560
-19%
Receivables (Non-Related)
$36,746
$2,920
-92%
Related-Party Receivables
-
-
-
Inventories
$64,395
$54,235
-16%
Prepaid Expenses
$17,715
$6,229
-65%
Investments
-
-
-
Property, Plant, & Equipment (net)
$316,859
$1,298,996
+310%
Other Assets
-
$5,885
-
Total Assets
$1,884,033
$2,543,825
+35%
Liabilities
2023
2024
Change
Payables & Accruals
$28,893
$15,719
-46%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$35,465
$11,353
-68%
Total Liabilities
$64,358
$27,072
-58%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,819,675
$2,516,753
+38%
Net assets
2023
2024
Change
Net assets
+$1,819,675
+$2,516,753
+38%