Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$153,004
Other Assets
51%
Cash & Equivalents
26%
Property, Plant, & Equipment (net)
22%
Prepaid Expenses
1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$75,340
Related-Party Payables
>99%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$105,449
$39,128
-63%
Receivables (Non-Related)
$0
$0
-
Related-Party Receivables
$0
$0
-
Inventories
$3,000
$0
-100%
Prepaid Expenses
$2,048
$2,048
+0%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$38,105
$34,104
-10%
Other Assets
$58,527
$77,724
+33%
Total Assets
$207,129
$153,004
-26%
Liabilities
2023
2024
Change
Payables & Accruals
$27,357
$340
-99%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
$75,000
-
Other Liabilities
$8,047
-
-
Total Liabilities
$35,404
$75,340
+113%
Net assets
2023
2024
Change
Restricted Net Assets
$128,925
$77,315
-40%
Unrestricted Net Assets
$42,800
$349
-99%
Net assets
2023
2024
Change
Net assets
+$171,725
+$77,664
-55%