Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$12,646,690
Cash & Equivalents
52%
Receivables (Non-Related)
27%
Property, Plant, & Equipment (net)
11%
Other Assets
8%
Prepaid Expenses
<1%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$2,908,809
Other Liabilities
55%
Notes Payable / Debt (Non-Related)
43%
Payables & Accruals
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,657,655
$6,623,061
+17%
Receivables (Non-Related)
$3,697,398
$3,421,514
-7%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$87,397
$91,147
+4%
Investments
$339,198
$48,242
-86%
Property, Plant, & Equipment (net)
$1,937,964
$1,411,341
-27%
Other Assets
$1,051,385
$1,051,385
+0%
Total Assets
$12,770,997
$12,646,690
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$355,981
$60,114
-83%
Grants Payable
$500,000
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,261,559
$1,246,953
-62%
Related-Party Payables
-
-
-
Other Liabilities
$1,338,378
$1,601,742
+20%
Total Liabilities
$5,455,918
$2,908,809
-47%
Net assets
2023
2024
Change
Restricted Net Assets
$8,131,050
$0
-100%
Unrestricted Net Assets
-$815,971
$9,737,881
-1293%
Net assets
2023
2024
Change
Net assets
+$7,315,079
+$9,737,881
+33%