Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,007,499
Property, Plant, & Equipment (net)
71%
Cash & Equivalents
16%
Inventories
7%
Receivables (Non-Related)
4%
Prepaid Expenses
1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$312,595
Payables & Accruals
61%
Related-Party Payables
25%
Notes Payable / Debt (Non-Related)
15%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$259,106
$161,953
-37%
Receivables (Non-Related)
$0
$44,450
-
Related-Party Receivables
$0
$0
-
Inventories
$41,722
$68,369
+64%
Prepaid Expenses
$2,588
$11,174
+332%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$486,437
$717,303
+47%
Other Assets
$4,250
$4,250
+0%
Total Assets
$794,103
$1,007,499
+27%
Liabilities
2023
2024
Change
Payables & Accruals
$57,764
$190,287
+229%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$64,200
$45,505
-29%
Related-Party Payables
$84,801
$76,801
-9%
Other Liabilities
-
$2
-
Total Liabilities
$206,765
$312,595
+51%
Net assets
2023
2024
Change
Restricted Net Assets
$4,000
-
-
Unrestricted Net Assets
$583,338
$694,904
+19%
Net assets
2023
2024
Change
Net assets
+$587,338
+$694,904
+18%