Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,208,723
Property, Plant, & Equipment (net)
47%
Cash & Equivalents
40%
Receivables (Non-Related)
10%
Prepaid Expenses
3%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,321,398
Payables & Accruals
63%
Notes Payable / Debt (Non-Related)
31%
Deferred Revenue
3%
Other Liabilities
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,261,671
$2,504,128
+11%
Receivables (Non-Related)
$777,681
$618,740
-20%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$147,894
$166,229
+12%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,664,957
$2,888,176
+8%
Other Assets
$48,204
$31,450
-35%
Total Assets
$5,900,407
$6,208,723
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$494,994
$837,460
+69%
Grants Payable
-
-
-
Deferred Revenue
$115,129
$40,240
-65%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$496,071
$410,777
-17%
Related-Party Payables
-
-
-
Other Liabilities
$49,291
$32,921
-33%
Total Liabilities
$1,155,485
$1,321,398
+14%
Net assets
2023
2024
Change
Restricted Net Assets
$33,072
$34,932
+6%
Unrestricted Net Assets
$4,711,850
$4,852,393
+3%
Net assets
2023
2024
Change
Net assets
+$4,744,922
+$4,887,325
+3%