Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$661,701
Property, Plant, & Equipment (net)
97%
Cash & Equivalents
3%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$276,746
Notes Payable / Debt (Non-Related)
77%
Related-Party Payables
18%
Payables & Accruals
6%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$60,238
$22,019
-63%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
$3,574
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$639,682
$639,682
+0%
Other Assets
-
-
-
Total Assets
$703,494
$661,701
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$8,301
$15,643
+88%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$222,891
$212,064
-5%
Related-Party Payables
$49,039
$49,039
+0%
Other Liabilities
-
-
-
Total Liabilities
$280,231
$276,746
-1%
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
+$423,263
+$384,955
-9%