Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$598,825
Property, Plant, & Equipment (net)
51%
Cash & Equivalents
25%
Receivables (Non-Related)
23%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$773,022
Notes Payable / Debt (Non-Related)
82%
Payables & Accruals
11%
Deferred Revenue
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
$433,247
$152,645
-65%
Receivables (Non-Related)
$59,388
$139,789
+135%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,488
$1,000
-33%
Investments
-
-
-
Property, Plant, & Equipment (net)
$221,051
$305,391
+38%
Other Assets
-
-
-
Total Assets
$715,174
$598,825
-16%
Liabilities
2023
2024
Change
Payables & Accruals
$49,848
$81,484
+63%
Grants Payable
-
-
-
Deferred Revenue
-
$59,200
-
Tax-Exempt Bond Liabilities
$66,030
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$639,754
$632,338
-1%
Related-Party Payables
-
-
-
Other Liabilities
$240,732
-
-
Total Liabilities
$996,364
$773,022
-22%
Net assets
2023
2024
Change
Restricted Net Assets
-
$100,000
-
Unrestricted Net Assets
-$281,190
-$274,197
+2%
Net assets
2023
2024
Change
Net assets
-$281,190
-$174,197
+38%