Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$999,133
Cash & Equivalents
57%
Property, Plant, & Equipment (net)
25%
Receivables (Non-Related)
17%
Prepaid Expenses
1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$128,422
Payables & Accruals
45%
Deferred Revenue
22%
Grants Payable
19%
Other Liabilities
10%
Notes Payable / Debt (Non-Related)
4%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$144,056
$567,211
+294%
Receivables (Non-Related)
$0
$167,000
-
Related-Party Receivables
$90,106
$0
-100%
Inventories
$0
-
-
Prepaid Expenses
$14,960
$12,750
-15%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$2,442,319
$247,172
-90%
Other Assets
$489
$5,000
+922%
Total Assets
$2,691,930
$999,133
-63%
Liabilities
2023
2024
Change
Payables & Accruals
-
$58,422
-
Grants Payable
-
$24,076
-
Deferred Revenue
-
$28,000
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,030,000
$5,424
-99%
Related-Party Payables
-
-
-
Other Liabilities
-
$12,500
-
Total Liabilities
$1,030,000
$128,422
-88%
Net assets
2023
2024
Change
Restricted Net Assets
-
$190,000
-
Unrestricted Net Assets
$1,661,930
$680,711
-59%
Net assets
2023
2024
Change
Net assets
+$1,661,930
+$870,711
-48%