Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,379,626
Other Assets
51%
Property, Plant, & Equipment (net)
44%
Cash & Equivalents
4%
Inventories
2%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$158,036
Related-Party Payables
91%
Notes Payable / Debt (Non-Related)
6%
Other Liabilities
3%
Payables & Accruals
0%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$100,397
$90,032
-10%
Receivables (Non-Related)
-
$1,853
-
Related-Party Receivables
-
-
-
Inventories
$38,418
$38,254
0%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,070,126
$1,036,840
-3%
Other Assets
$1,212,647
$1,212,647
+0%
Total Assets
$2,421,588
$2,379,626
-2%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$41,000
$10,000
-76%
Related-Party Payables
$176,500
$144,000
-18%
Other Liabilities
$1,246
$4,036
+224%
Total Liabilities
$218,746
$158,036
-28%
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
+$2,202,842
+$2,221,590
+1%