Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,576,656
Property, Plant, & Equipment (net)
77%
Cash & Equivalents
19%
Prepaid Expenses
4%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$48,807
Deferred Revenue
85%
Payables & Accruals
15%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$581,009
$480,784
-17%
Receivables (Non-Related)
-
$0
-
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$1,889
$111,184
+5786%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$1,606,756
$1,984,688
+24%
Other Assets
-
$0
-
Total Assets
$2,189,654
$2,576,656
+18%
Liabilities
2023
2024
Change
Payables & Accruals
$22,171
$7,332
-67%
Grants Payable
-
-
-
Deferred Revenue
-
$41,475
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$22,171
$48,807
+120%
Net assets
2023
2024
Change
Restricted Net Assets
$362,569
$593,247
+64%
Unrestricted Net Assets
$1,804,914
$1,934,602
+7%
Net assets
2023
2024
Change
Net assets
+$2,167,483
+$2,527,849
+17%