Balance Sheet

Fiscal Year: 2022
Assets in 2022 (Year End)
$11,000,978
Property, Plant, & Equipment (net)
77%
Cash & Equivalents
21%
Receivables (Non-Related)
1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2022 (Year End)
$3,517,592
Notes Payable / Debt (Non-Related)
85%
Payables & Accruals
14%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2021
2022
Change
Cash & Equivalents
$1,621,437
$2,322,941
+43%
Receivables (Non-Related)
$563,355
$131,969
-77%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$15,806
$4,845
-69%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$8,707,851
$8,520,223
-2%
Other Assets
$21,000
$21,000
+0%
Total Assets
$10,929,449
$11,000,978
+1%
Liabilities
2021
2022
Change
Payables & Accruals
$539,970
$491,358
-9%
Grants Payable
$0
$0
-
Deferred Revenue
$56,375
$29,980
-47%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$4,064,133
$2,996,254
-26%
Related-Party Payables
$52,725
$0
-100%
Other Liabilities
$0
$0
-
Total Liabilities
$4,713,203
$3,517,592
-25%
Net assets
2021
2022
Change
Restricted Net Assets
$0
$0
-
Unrestricted Net Assets
$6,216,246
$7,483,386
+20%
Net assets
2021
2022
Change
Net assets
+$6,216,246
+$7,483,386
+20%