Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$8,583,033
Property, Plant, & Equipment (net)
60%
Cash & Equivalents
32%
Receivables (Non-Related)
8%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$282,396
Payables & Accruals
57%
Deferred Revenue
43%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,445,336
$2,704,964
+11%
Receivables (Non-Related)
$279,278
$687,198
+146%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$12,666
$3,961
-69%
Investments
$1,000,966
-
-
Property, Plant, & Equipment (net)
$5,139,643
$5,176,260
+1%
Other Assets
$21,196
$10,650
-50%
Total Assets
$8,899,085
$8,583,033
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$453,314
$160,431
-65%
Grants Payable
-
-
-
Deferred Revenue
$95,904
$121,965
+27%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$549,218
$282,396
-49%
Net assets
2023
2024
Change
Restricted Net Assets
$2,283,358
$2,236,882
-2%
Unrestricted Net Assets
$6,066,509
$6,063,755
0%
Net assets
2023
2024
Change
Net assets
+$8,349,867
+$8,300,637
-1%