Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$5,859,120
Property, Plant, & Equipment (net)
47%
Cash & Equivalents
43%
Receivables (Non-Related)
9%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$941,373
Notes Payable / Debt (Non-Related)
89%
Payables & Accruals
11%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,163,243
$2,493,613
-21%
Receivables (Non-Related)
$1,366,268
$548,525
-60%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$86,440
$23,216
-73%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,840,976
$2,779,298
-2%
Other Assets
$14,468
$14,468
+0%
Total Assets
$7,471,395
$5,859,120
-22%
Liabilities
2023
2024
Change
Payables & Accruals
$146,669
$102,583
-30%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$910,703
$838,790
-8%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,057,372
$941,373
-11%
Net assets
2023
2024
Change
Restricted Net Assets
$522,314
$118,468
-77%
Unrestricted Net Assets
$5,891,709
$4,799,279
-19%
Net assets
2023
2024
Change
Net assets
+$6,414,023
+$4,917,747
-23%