Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,001,809
Property, Plant, & Equipment (net)
61%
Receivables (Non-Related)
25%
Cash & Equivalents
10%
Prepaid Expenses
3%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,082,067
Notes Payable / Debt (Non-Related)
77%
Deferred Revenue
15%
Payables & Accruals
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,962,376
$309,886
-84%
Receivables (Non-Related)
$1,270,145
$752,795
-41%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$91,932
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,902,757
$1,831,146
-4%
Other Assets
$14,400
$16,050
+11%
Total Assets
$5,149,678
$3,001,809
-42%
Liabilities
2023
2024
Change
Payables & Accruals
$179,876
$159,567
-11%
Grants Payable
-
-
-
Deferred Revenue
$200,000
$322,500
+61%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,600,000
$1,600,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,979,876
$2,082,067
+5%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,169,802
$919,742
-71%
Net assets
2023
2024
Change
Net assets
+$3,169,802
+$919,742
-71%