Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,243,019
Property, Plant, & Equipment (net)
54%
Receivables (Non-Related)
25%
Other Assets
12%
Cash & Equivalents
4%
Prepaid Expenses
4%
Related-Party Receivables
<1%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,951,242
Notes Payable / Debt (Non-Related)
55%
Payables & Accruals
33%
Other Liabilities
12%
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
$684,341
$99,394
-85%
Receivables (Non-Related)
$1,490,315
$568,793
-62%
Related-Party Receivables
-
$5,735
-
Inventories
-
-
-
Prepaid Expenses
$109,027
$84,963
-22%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,009,927
$1,213,331
+20%
Other Assets
$291,723
$270,803
-7%
Total Assets
$3,585,333
$2,243,019
-37%
Liabilities
2023
2024
Change
Payables & Accruals
$1,560,992
$644,903
-59%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,803
$1,071,196
+59312%
Related-Party Payables
-
-
-
Other Liabilities
$285,187
$235,143
-18%
Total Liabilities
$1,847,982
$1,951,242
+6%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,737,351
$291,777
-83%
Net assets
2023
2024
Change
Net assets
+$1,737,351
+$291,777
-83%