Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$83,552,389
Cash & Equivalents
47%
Related-Party Receivables
45%
Property, Plant, & Equipment (net)
5%
Other Assets
3%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$71,788,256
Other Liabilities
>99%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$37,774,365
$39,675,612
+5%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
$41,487,880
$37,220,713
-10%
Inventories
-
-
-
Prepaid Expenses
$557,888
$105,935
-81%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$1,604,187
$3,763,443
+135%
Other Assets
$2,781,600
$2,786,686
+0%
Total Assets
$84,205,920
$83,552,389
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$468,824
$353,991
-24%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$72,571,873
$71,434,265
-2%
Total Liabilities
$73,040,697
$71,788,256
-2%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$11,165,223
+$11,764,133
+5%