Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,478,009
Property, Plant, & Equipment (net)
75%
Cash & Equivalents
17%
Other Assets
8%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$456,339
Notes Payable / Debt (Non-Related)
75%
Deferred Revenue
13%
Payables & Accruals
12%
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
$582,659
$585,488
+0%
Receivables (Non-Related)
$600
$2,095
+249%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$10,946
$9,684
-12%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,744,714
$2,606,800
-5%
Other Assets
-
$273,942
-
Total Assets
$3,338,919
$3,478,009
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$50,363
$54,771
+9%
Grants Payable
-
-
-
Deferred Revenue
$32,507
$59,487
+83%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$145,778
$342,081
+135%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$228,648
$456,339
+100%
Net assets
2023
2024
Change
Restricted Net Assets
$3,651,706
$3,651,706
+0%
Unrestricted Net Assets
-$541,435
-$630,036
-16%
Net assets
2023
2024
Change
Net assets
+$3,110,271
+$3,021,670
-3%