Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$22,748,101
Cash & Equivalents
41%
Property, Plant, & Equipment (net)
38%
Receivables (Non-Related)
10%
Other Assets
9%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$9,135,159
Other Liabilities
43%
Notes Payable / Debt (Non-Related)
40%
Payables & Accruals
17%
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
$8,448,927
$9,273,689
+10%
Receivables (Non-Related)
$1,012,508
$2,377,432
+135%
Related-Party Receivables
-
-
-
Inventories
$227,336
$86,755
-62%
Prepaid Expenses
$130,815
$147,734
+13%
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,387,549
$8,755,838
+4%
Other Assets
$129,522
$2,106,653
+1526%
Total Assets
$18,336,657
$22,748,101
+24%
Liabilities
2023
2024
Change
Payables & Accruals
$2,206,229
$1,531,438
-31%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,309,271
$3,670,769
+59%
Related-Party Payables
-
-
-
Other Liabilities
$791,208
$3,932,952
+397%
Total Liabilities
$5,306,708
$9,135,159
+72%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$13,029,949
$13,612,942
+4%
Net assets
2023
2024
Change
Net assets
+$13,029,949
+$13,612,942
+4%