Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,161,946
Investments
56%
Property, Plant, & Equipment (net)
31%
Cash & Equivalents
11%
Receivables (Non-Related)
2%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$964,587
Notes Payable / Debt (Non-Related)
93%
Payables & Accruals
7%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$696,035
$234,064
-66%
Receivables (Non-Related)
$220,000
$50,000
-77%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
$1,217,114
-
Property, Plant, & Equipment (net)
$804,863
$660,768
-18%
Other Assets
-
-
-
Total Assets
$1,720,898
$2,161,946
+26%
Liabilities
2023
2024
Change
Payables & Accruals
$300
$68,711
+22804%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$226,679
$895,876
+295%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$226,979
$964,587
+325%
Net assets
2023
2024
Change
Restricted Net Assets
$593,524
$342,468
-42%
Unrestricted Net Assets
$900,395
$854,891
-5%
Net assets
2023
2024
Change
Net assets
+$1,493,919
+$1,197,359
-20%