Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$10,702,935
Property, Plant, & Equipment (net)
76%
Receivables (Non-Related)
13%
Cash & Equivalents
6%
Prepaid Expenses
3%
Investments
1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$5,151,426
Notes Payable / Debt (Non-Related)
65%
Payables & Accruals
22%
Other Liabilities
14%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$725,899
$695,348
-4%
Receivables (Non-Related)
$1,496,851
$1,426,808
-5%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$216,876
$280,110
+29%
Investments
$156,430
$158,319
+1%
Property, Plant, & Equipment (net)
$6,411,975
$8,136,486
+27%
Other Assets
$244,996
$5,864
-98%
Total Assets
$9,253,027
$10,702,935
+16%
Liabilities
2023
2024
Change
Payables & Accruals
$2,611,820
$1,113,876
-57%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,100,000
$3,325,000
+202%
Related-Party Payables
-
-
-
Other Liabilities
$167,965
$712,550
+324%
Total Liabilities
$3,879,785
$5,151,426
+33%
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
+$5,373,242
+$5,551,509
+3%