Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,917,947
Receivables (Non-Related)
76%
Property, Plant, & Equipment (net)
20%
Cash & Equivalents
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,007,880
Other Liabilities
73%
Notes Payable / Debt (Non-Related)
20%
Payables & Accruals
4%
Deferred Revenue
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$120,647
$120,885
+0%
Receivables (Non-Related)
$1,664,689
$2,205,417
+32%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$11,600
$10,000
-14%
Investments
-
-
-
Property, Plant, & Equipment (net)
$598,435
$581,645
-3%
Other Assets
-
-
-
Total Assets
$2,395,371
$2,917,947
+22%
Liabilities
2023
2024
Change
Payables & Accruals
$109,866
$120,112
+9%
Grants Payable
-
-
-
Deferred Revenue
$118,508
$89,269
-25%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,206,183
$616,183
-49%
Related-Party Payables
-
-
-
Other Liabilities
$2,493,057
$2,182,316
-12%
Total Liabilities
$3,927,614
$3,007,880
-23%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$1,532,243
-$89,933
+94%
Net assets
2023
2024
Change
Net assets
-$1,532,243
-$89,933
+94%