Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$7,933,942
Cash & Equivalents
55%
Property, Plant, & Equipment (net)
35%
Receivables (Non-Related)
10%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$737,399
Notes Payable / Debt (Non-Related)
68%
Payables & Accruals
32%
Other Liabilities
<1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$821,793
$4,401,516
+436%
Receivables (Non-Related)
$638,063
$762,368
+19%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$51,646
$9,089
-82%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,650,144
$2,758,303
+4%
Other Assets
$8,932
$2,666
-70%
Total Assets
$4,170,578
$7,933,942
+90%
Liabilities
2023
2024
Change
Payables & Accruals
$208,890
$232,771
+11%
Grants Payable
-
-
-
Deferred Revenue
$22,608
$1,245
-94%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$540,293
$500,717
-7%
Related-Party Payables
-
-
-
Other Liabilities
$8,932
$2,666
-70%
Total Liabilities
$780,723
$737,399
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$815,831
$2,749,264
+237%
Unrestricted Net Assets
$2,574,024
$4,447,279
+73%
Net assets
2023
2024
Change
Net assets
+$3,389,855
+$7,196,543
+112%