Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,035,300
Property, Plant, & Equipment (net)
49%
Cash & Equivalents
38%
Investments
13%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$892,000
Notes Payable / Debt (Non-Related)
93%
Payables & Accruals
7%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,064,912
$1,532,639
+44%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$6,163
$5,002
-19%
Investments
$755,552
$505,552
-33%
Property, Plant, & Equipment (net)
$2,026,270
$1,992,107
-2%
Other Assets
-
-
-
Total Assets
$3,852,897
$4,035,300
+5%
Liabilities
2023
2024
Change
Payables & Accruals
-
$64,142
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$863,622
$827,858
-4%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$863,622
$892,000
+3%
Net assets
2023
2024
Change
Restricted Net Assets
$215,552
$215,552
+0%
Unrestricted Net Assets
$2,773,723
$2,927,748
+6%
Net assets
2023
2024
Change
Net assets
+$2,989,275
+$3,143,300
+5%