Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$9,641,744
Other Assets
64%
Property, Plant, & Equipment (net)
28%
Cash & Equivalents
4%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$12,007,826
Related-Party Payables
96%
Payables & Accruals
4%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Assets
2023
2024
Change
Cash & Equivalents
$229,359
$368,917
+61%
Receivables (Non-Related)
$330,685
$318,678
-4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$39,408
$36,067
-8%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,085,267
$2,734,781
-11%
Other Assets
$4,566,221
$6,183,301
+35%
Total Assets
$8,250,940
$9,641,744
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$3,191,570
$437,532
-86%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$9,750,000
$11,550,000
+18%
Other Liabilities
$22,468
$20,294
-10%
Total Liabilities
$12,964,038
$12,007,826
-7%
Net assets
2023
2024
Change
Restricted Net Assets
$4,095,062
$5,743,343
+40%
Unrestricted Net Assets
-$8,808,160
-$8,109,425
+8%
Net assets
2023
2024
Change
Net assets
-$4,713,098
-$2,366,082
+50%