Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,416,968
Receivables (Non-Related)
68%
Cash & Equivalents
17%
Other Assets
14%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$12,187,524
Notes Payable / Debt (Non-Related)
66%
Payables & Accruals
30%
Deferred Revenue
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$502,030
$735,225
+46%
Receivables (Non-Related)
$10,299
$3,022,088
+29244%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$7,362
$43,903
+496%
Investments
-
-
-
Property, Plant, & Equipment (net)
$10,616,971
$6,359
-100%
Other Assets
$609,393
$609,393
+0%
Total Assets
$11,746,055
$4,416,968
-62%
Liabilities
2023
2024
Change
Payables & Accruals
$2,627,551
$3,685,491
+40%
Grants Payable
-
-
-
Deferred Revenue
$2,033
$502,033
+24594%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$15,129,526
$8,000,000
-47%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$17,759,110
$12,187,524
-31%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$0
-
Unrestricted Net Assets
-$6,013,055
-$7,770,556
-29%
Net assets
2023
2024
Change
Net assets
-$6,013,055
-$7,770,556
-29%