Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,052,644
Cash & Equivalents
50%
Property, Plant, & Equipment (net)
20%
Other Assets
17%
Receivables (Non-Related)
12%
Prepaid Expenses
<1%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,463,468
Notes Payable / Debt (Non-Related)
65%
Other Liabilities
21%
Payables & Accruals
15%
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
$719,571
$1,025,754
+43%
Receivables (Non-Related)
$935,970
$247,421
-74%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$29,026
$11,615
-60%
Investments
$6,944
$7,178
+3%
Property, Plant, & Equipment (net)
$2,174,932
$419,442
-81%
Other Assets
$327,726
$341,234
+4%
Total Assets
$4,194,169
$2,052,644
-51%
Liabilities
2023
2024
Change
Payables & Accruals
$186,427
$213,422
+14%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,853,270
$947,300
-67%
Related-Party Payables
-
-
-
Other Liabilities
$332,800
$302,746
-9%
Total Liabilities
$3,372,497
$1,463,468
-57%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$821,672
$589,176
-28%
Net assets
2023
2024
Change
Net assets
+$821,672
+$589,176
-28%