Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,889,653
Property, Plant, & Equipment (net)
82%
Receivables (Non-Related)
9%
Cash & Equivalents
7%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,142,212
Notes Payable / Debt (Non-Related)
74%
Payables & Accruals
19%
Other Liabilities
7%
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
$105,100
$140,628
+34%
Receivables (Non-Related)
$68,841
$166,487
+142%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$36,731
$35,625
-3%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,581,639
$1,546,913
-2%
Other Assets
$0
-
-
Total Assets
$1,792,311
$1,889,653
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$218,159
$599,627
+175%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,346,222
$2,318,634
-1%
Related-Party Payables
-
-
-
Other Liabilities
$302,333
$223,951
-26%
Total Liabilities
$2,866,714
$3,142,212
+10%
Net assets
2023
2024
Change
Restricted Net Assets
$127,500
$143,000
+12%
Unrestricted Net Assets
-$1,201,903
-$1,395,559
-16%
Net assets
2023
2024
Change
Net assets
-$1,074,403
-$1,252,559
-17%