Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,794,045
Cash & Equivalents
45%
Property, Plant, & Equipment (net)
29%
Other Assets
22%
Inventories
3%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$719,543
Other Liabilities
90%
Deferred Revenue
10%
Payables & Accruals
<1%
Grants Payable
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
$1,093,803
$1,256,879
+15%
Receivables (Non-Related)
$34,000
$7,568
-78%
Related-Party Receivables
-
-
-
Inventories
-
$91,176
-
Prepaid Expenses
$16,800
$13,428
-20%
Investments
-
-
-
Property, Plant, & Equipment (net)
$898,077
$801,403
-11%
Other Assets
-
$623,591
-
Total Assets
$2,042,680
$2,794,045
+37%
Liabilities
2023
2024
Change
Payables & Accruals
$14,418
$3,045
-79%
Grants Payable
-
-
-
Deferred Revenue
$160,000
$70,000
-56%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$9,147
$646,498
+6968%
Total Liabilities
$183,565
$719,543
+292%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,859,115
$2,074,502
+12%
Net assets
2023
2024
Change
Net assets
+$1,859,115
+$2,074,502
+12%