Balance Sheet

Fiscal Year: 2023
Jan 1, 2023 – Dec 31, 2023
Assets in 2023 (Year End)
$12,835,531
Property, Plant, & Equipment (net)
76%
Cash & Equivalents
21%
Other Assets
3%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2023 (Year End)
$11,530,377
Other Liabilities
58%
Notes Payable / Debt (Non-Related)
35%
Payables & Accruals
7%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2022
2023
Change
Cash & Equivalents
$5,762,573
$2,712,455
-53%
Receivables (Non-Related)
$15,251
$27,683
+82%
Related-Party Receivables
-
-
-
Inventories
$4,172
-
-
Prepaid Expenses
$14,362
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,385,848
$9,759,797
+123%
Other Assets
$630,379
$335,596
-47%
Total Assets
$10,812,585
$12,835,531
+19%
Liabilities
2022
2023
Change
Payables & Accruals
$100,899
$800,742
+694%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,678,876
$4,009,635
+50%
Related-Party Payables
-
-
-
Other Liabilities
$6,724,764
$6,720,000
0%
Total Liabilities
$9,504,539
$11,530,377
+21%
Net assets
2022
2023
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,308,046
$1,305,154
0%
Net assets
2022
2023
Change
Net assets
+$1,308,046
+$1,305,154
0%