Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,305,583
Other Assets
45%
Property, Plant, & Equipment (net)
37%
Cash & Equivalents
14%
Receivables (Non-Related)
3%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,385,447
Notes Payable / Debt (Non-Related)
84%
Payables & Accruals
16%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$157,884
$188,292
+19%
Receivables (Non-Related)
$19,449
$40,434
+108%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$527,349
$483,064
-8%
Other Assets
$354,246
$593,793
+68%
Total Assets
$1,058,928
$1,305,583
+23%
Liabilities
2023
2024
Change
Payables & Accruals
$144,713
$381,089
+163%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$168,486
$2,004,358
+1090%
Related-Party Payables
-
-
-
Other Liabilities
$0
$0
-
Total Liabilities
$313,199
$2,385,447
+662%
Net assets
2023
2024
Change
Restricted Net Assets
-
-$1,716,657
-
Unrestricted Net Assets
$745,729
$636,793
-15%
Net assets
2023
2024
Change
Net assets
+$745,729
-$1,079,864
-245%