Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,242,224
Property, Plant, & Equipment (net)
42%
Cash & Equivalents
36%
Investments
17%
Prepaid Expenses
3%
Other Assets
2%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$625,548
Notes Payable / Debt (Non-Related)
80%
Deferred Revenue
18%
Payables & Accruals
2%
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
$716,309
$809,683
+13%
Receivables (Non-Related)
$0
$0
-
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$65,842
-
Investments
$343,882
$379,183
+10%
Property, Plant, & Equipment (net)
$948,376
$946,537
0%
Other Assets
$44,576
$40,979
-8%
Total Assets
$2,053,143
$2,242,224
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$6,638
$15,548
+134%
Grants Payable
-
-
-
Deferred Revenue
$92,500
$110,000
+19%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$500,000
$500,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$599,138
$625,548
+4%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$1,454,005
+$1,616,676
+11%