Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,359,191
Property, Plant, & Equipment (net)
45%
Receivables (Non-Related)
26%
Cash & Equivalents
19%
Other Assets
5%
Prepaid Expenses
5%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$5,086,490
Notes Payable / Debt (Non-Related)
67%
Payables & Accruals
19%
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
$918,445
$455,141
-50%
Receivables (Non-Related)
$231,640
$601,686
+160%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$107,510
$112,415
+5%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,246,653
$1,065,953
-14%
Other Assets
$397,079
$123,996
-69%
Total Assets
$2,901,327
$2,359,191
-19%
Liabilities
2023
2024
Change
Payables & Accruals
$1,077,635
$982,150
-9%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$2,540,000
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,921,101
$3,401,538
+77%
Related-Party Payables
-
-
-
Other Liabilities
$776,881
$702,802
-10%
Total Liabilities
$6,315,617
$5,086,490
-19%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$3,414,290
-$2,727,299
+20%
Net assets
2023
2024
Change
Net assets
-$3,414,290
-$2,727,299
+20%