Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$13,519,476
Property, Plant, & Equipment (net)
48%
Receivables (Non-Related)
44%
Cash & Equivalents
7%
Other Assets
<1%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$8,154,145
Notes Payable / Debt (Non-Related)
68%
Related-Party Payables
22%
Other Liabilities
8%
Payables & Accruals
2%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,014,125
$956,715
-6%
Receivables (Non-Related)
$5,981,400
$5,981,400
+0%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,032
$0
-100%
Investments
$500
$500
+0%
Property, Plant, & Equipment (net)
$6,764,517
$6,549,237
-3%
Other Assets
$42,466
$31,624
-26%
Total Assets
$13,805,040
$13,519,476
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$217,514
$132,476
-39%
Grants Payable
-
-
-
Deferred Revenue
$8,856
$8,856
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,570,046
$5,570,046
+0%
Related-Party Payables
$1,803,558
$1,803,558
+0%
Other Liabilities
$244,689
$639,209
+161%
Total Liabilities
$7,844,663
$8,154,145
+4%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$5,960,377
$5,365,331
-10%
Net assets
2023
2024
Change
Net assets
+$5,960,377
+$5,365,331
-10%