Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,970,197
Property, Plant, & Equipment (net)
85%
Cash & Equivalents
15%
Related-Party Receivables
<1%
Receivables (Non-Related)
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$125,513
Related-Party Payables
72%
Notes Payable / Debt (Non-Related)
18%
Payables & Accruals
10%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$121,000
$300,747
+149%
Receivables (Non-Related)
$0
$0
-
Related-Party Receivables
$0
$3,500
-
Inventories
$0
-
-
Prepaid Expenses
$0
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,208,634
$1,665,950
-25%
Other Assets
$41,415
-
-
Total Assets
$2,371,049
$1,970,197
-17%
Liabilities
2023
2024
Change
Payables & Accruals
$94,905
$12,890
-86%
Grants Payable
$0
-
-
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$0
-
-
Notes Payable / Debt (Non-Related)
$728,775
$22,285
-97%
Related-Party Payables
$112,338
$90,338
-20%
Other Liabilities
$64,330
-
-
Total Liabilities
$1,000,348
$125,513
-87%
Net assets
2023
2024
Change
Restricted Net Assets
$132,121
$187,705
+42%
Unrestricted Net Assets
$1,238,580
$1,656,979
+34%
Net assets
2023
2024
Change
Net assets
+$1,370,701
+$1,844,684
+35%