Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,547,212
Property, Plant, & Equipment (net)
55%
Other Assets
19%
Receivables (Non-Related)
15%
Cash & Equivalents
8%
Prepaid Expenses
3%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,240,536
Notes Payable / Debt (Non-Related)
77%
Payables & Accruals
17%
Related-Party Payables
6%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$29,986
$128,784
+329%
Receivables (Non-Related)
$353,622
$232,065
-34%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$42,647
$42,677
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$950,293
$843,686
-11%
Other Assets
$300,000
$300,000
+0%
Total Assets
$1,676,548
$1,547,212
-8%
Liabilities
2023
2024
Change
Payables & Accruals
$247,689
$208,643
-16%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$950,491
$955,393
+1%
Related-Party Payables
-
$76,500
-
Other Liabilities
-
-
-
Total Liabilities
$1,198,180
$1,240,536
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$3,764
$3,764
+0%
Unrestricted Net Assets
$474,604
$302,912
-36%
Net assets
2023
2024
Change
Net assets
+$478,368
+$306,676
-36%