Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$8,581,012
Property, Plant, & Equipment (net)
61%
Receivables (Non-Related)
31%
Other Assets
4%
Cash & Equivalents
4%
Prepaid Expenses
<1%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$5,686,974
Notes Payable / Debt (Non-Related)
62%
Payables & Accruals
19%
Other Liabilities
11%
Deferred Revenue
9%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$238,776
$308,670
+29%
Receivables (Non-Related)
$3,549,007
$2,624,788
-26%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$39,499
$69,434
+76%
Investments
$432
$432
+0%
Property, Plant, & Equipment (net)
$5,036,893
$5,224,844
+4%
Other Assets
$352,844
$352,844
+0%
Total Assets
$9,217,451
$8,581,012
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$802,381
$1,070,673
+33%
Grants Payable
-
-
-
Deferred Revenue
$1,050,544
$495,347
-53%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,424,703
$3,520,954
+3%
Related-Party Payables
-
-
-
Other Liabilities
$600,000
$600,000
+0%
Total Liabilities
$5,877,628
$5,686,974
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$182,139
$1,462,133
+703%
Unrestricted Net Assets
$3,157,684
$1,431,905
-55%
Net assets
2023
2024
Change
Net assets
+$3,339,823
+$2,894,038
-13%