Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$5,640,978
Property, Plant, & Equipment (net)
92%
Cash & Equivalents
4%
Receivables (Non-Related)
2%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,833,144
Related-Party Payables
85%
Payables & Accruals
9%
Deferred Revenue
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$140,102
$224,700
+60%
Receivables (Non-Related)
$170,973
$101,542
-41%
Related-Party Receivables
$3,526,659
$0
-100%
Inventories
-
-
-
Prepaid Expenses
$41,606
$48,090
+16%
Investments
-
-
-
Property, Plant, & Equipment (net)
$145,589
$5,213,130
+3481%
Other Assets
$82,000
$53,516
-35%
Total Assets
$4,106,929
$5,640,978
+37%
Liabilities
2023
2024
Change
Payables & Accruals
$135,298
$159,516
+18%
Grants Payable
-
-
-
Deferred Revenue
$98,524
$108,307
+10%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
$1,565,321
-
Other Liabilities
-
-
-
Total Liabilities
$233,822
$1,833,144
+684%
Net assets
2023
2024
Change
Restricted Net Assets
$451,661
$202,752
-55%
Unrestricted Net Assets
$3,421,446
$3,605,082
+5%
Net assets
2023
2024
Change
Net assets
+$3,873,107
+$3,807,834
-2%