Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$11,912,072
Property, Plant, & Equipment (net)
38%
Other Assets
31%
Cash & Equivalents
14%
Receivables (Non-Related)
12%
Prepaid Expenses
5%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$8,349,629
Notes Payable / Debt (Non-Related)
80%
Payables & Accruals
19%
Other Liabilities
<1%
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
$3,345,884
$1,622,181
-52%
Receivables (Non-Related)
$1,976,009
$1,446,692
-27%
Related-Party Receivables
-
$0
-
Inventories
-
-
-
Prepaid Expenses
$263,623
$562,718
+113%
Investments
$90,750
$90,750
+0%
Property, Plant, & Equipment (net)
$4,593,583
$4,541,369
-1%
Other Assets
$666,340
$3,648,362
+448%
Total Assets
$10,936,189
$11,912,072
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$1,046,936
$1,570,538
+50%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,941,593
$6,713,909
-3%
Related-Party Payables
-
$0
-
Other Liabilities
$16,736
$65,182
+289%
Total Liabilities
$8,005,265
$8,349,629
+4%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,930,924
$3,562,443
+22%
Net assets
2023
2024
Change
Net assets
+$2,930,924
+$3,562,443
+22%