Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,784,442
Property, Plant, & Equipment (net)
50%
Cash & Equivalents
48%
Other Assets
2%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,764,662
Notes Payable / Debt (Non-Related)
>99%
Payables & Accruals
<1%
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
$1,320,952
$1,825,283
+38%
Receivables (Non-Related)
$10,000
$11,801
+18%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,662,571
$1,887,244
+14%
Other Assets
-
$60,114
-
Total Assets
$2,993,523
$3,784,442
+26%
Liabilities
2023
2024
Change
Payables & Accruals
-
$9,731
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$1,754,931
-
Related-Party Payables
$1,038,071
-
-
Other Liabilities
$0
$0
-
Total Liabilities
$1,038,071
$1,764,662
+70%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,955,452
$2,019,780
+3%
Net assets
2023
2024
Change
Net assets
+$1,955,452
+$2,019,780
+3%