Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,273,856
Property, Plant, & Equipment (net)
61%
Cash & Equivalents
27%
Investments
12%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,212,651
Payables & Accruals
51%
Related-Party Payables
49%
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
$4,629
$342,967
+7309%
Receivables (Non-Related)
$237,343
$0
-100%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$148,293
-
Property, Plant, & Equipment (net)
$782,596
$782,596
+0%
Other Assets
$4,623
$0
-100%
Total Assets
$1,029,191
$1,273,856
+24%
Liabilities
2023
2024
Change
Payables & Accruals
$266,281
$612,396
+130%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$212,836
$0
-100%
Related-Party Payables
$334,164
$600,255
+80%
Other Liabilities
$211,280
$0
-100%
Total Liabilities
$1,024,561
$1,212,651
+18%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$4,630
+$61,205
+1222%