Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,711,633
Property, Plant, & Equipment (net)
89%
Cash & Equivalents
11%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$828,734
Notes Payable / Debt (Non-Related)
71%
Related-Party Payables
29%
Payables & Accruals
0%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$34,179
$184,338
+439%
Receivables (Non-Related)
$0
$0
-
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$1,335,439
$1,527,295
+14%
Other Assets
$0
$0
-
Total Assets
$1,369,618
$1,711,633
+25%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$610,121
$586,234
-4%
Related-Party Payables
$177,000
$242,500
+37%
Other Liabilities
$450,000
-
-
Total Liabilities
$1,237,121
$828,734
-33%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$132,497
$882,899
+566%
Net assets
2023
2024
Change
Net assets
+$132,497
+$882,899
+566%