Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,054,107
Cash & Equivalents
51%
Property, Plant, & Equipment (net)
46%
Receivables (Non-Related)
3%
Inventories
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$139,260
Notes Payable / Debt (Non-Related)
52%
Payables & Accruals
48%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$996,768
$540,416
-46%
Receivables (Non-Related)
$50,000
$26,823
-46%
Related-Party Receivables
-
-
-
Inventories
$4,803
$6,352
+32%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$423,328
$480,516
+14%
Other Assets
-
-
-
Total Assets
$1,474,899
$1,054,107
-29%
Liabilities
2023
2024
Change
Payables & Accruals
$53,507
$66,678
+25%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$29,677
$72,582
+145%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$83,184
$139,260
+67%
Net assets
2023
2024
Change
Restricted Net Assets
$50,000
$25,000
-50%
Unrestricted Net Assets
$1,341,715
$889,847
-34%
Net assets
2023
2024
Change
Net assets
+$1,391,715
+$914,847
-34%