Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$379,448
Cash & Equivalents
46%
Other Assets
24%
Property, Plant, & Equipment (net)
16%
Prepaid Expenses
13%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,417,075
Notes Payable / Debt (Non-Related)
81%
Related-Party Payables
11%
Payables & Accruals
7%
Other Liabilities
1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$199,367
$176,147
-12%
Receivables (Non-Related)
$2,100
$0
-100%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$40,074
$49,771
+24%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$89,168
$61,877
-31%
Other Assets
$0
$91,653
-
Total Assets
$330,709
$379,448
+15%
Liabilities
2023
2024
Change
Payables & Accruals
$127,483
$232,632
+82%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$2,418,293
$2,777,591
+15%
Related-Party Payables
$264,835
$359,627
+36%
Other Liabilities
$0
$47,225
-
Total Liabilities
$2,810,611
$3,417,075
+22%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$0
-
Unrestricted Net Assets
-$2,479,902
-$3,037,627
-22%
Net assets
2023
2024
Change
Net assets
-$2,479,902
-$3,037,627
-22%