Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,621,755
Property, Plant, & Equipment (net)
76%
Cash & Equivalents
9%
Inventories
8%
Receivables (Non-Related)
7%
Other Assets
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$475,476
Other Liabilities
68%
Notes Payable / Debt (Non-Related)
25%
Payables & Accruals
6%
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
$591,757
$246,240
-58%
Receivables (Non-Related)
$118,744
$174,554
+47%
Related-Party Receivables
$0
$0
-
Inventories
$0
$200,817
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,262,937
$1,992,141
+58%
Other Assets
$8,000
$8,003
+0%
Total Assets
$1,981,438
$2,621,755
+32%
Liabilities
2023
2024
Change
Payables & Accruals
$14,338
$29,885
+108%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$121,157
-
Related-Party Payables
$0
$0
-
Other Liabilities
$258,822
$324,434
+25%
Total Liabilities
$273,160
$475,476
+74%
Net assets
2023
2024
Change
Restricted Net Assets
$146,648
$1,212,053
+727%
Unrestricted Net Assets
$1,561,630
$934,226
-40%
Net assets
2023
2024
Change
Net assets
+$1,708,278
+$2,146,279
+26%