Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$15,099,485
Receivables (Non-Related)
69%
Property, Plant, & Equipment (net)
27%
Cash & Equivalents
4%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$7,649,687
Notes Payable / Debt (Non-Related)
50%
Related-Party Payables
41%
Deferred Revenue
6%
Payables & Accruals
3%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$771,542
$675,777
-12%
Receivables (Non-Related)
$9,905,545
$10,373,161
+5%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$893
$820
-8%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,491,730
$4,037,727
+16%
Other Assets
$12,000
$12,000
+0%
Total Assets
$14,181,710
$15,099,485
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$33,624
$228,470
+579%
Grants Payable
-
-
-
Deferred Revenue
-
$425,000
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,421,535
$3,802,816
-30%
Related-Party Payables
$3,043,854
$3,167,182
+4%
Other Liabilities
$42,038
$26,219
-38%
Total Liabilities
$8,541,051
$7,649,687
-10%
Net assets
2023
2024
Change
Restricted Net Assets
$1,123,767
$3,203,448
+185%
Unrestricted Net Assets
$4,516,892
$4,246,350
-6%
Net assets
2023
2024
Change
Net assets
+$5,640,659
+$7,449,798
+32%