Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$14,924,233
Property, Plant, & Equipment (net)
69%
Receivables (Non-Related)
18%
Cash & Equivalents
6%
Other Assets
5%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$16,077,042
Other Liabilities
>99%
Payables & Accruals
<1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$581,147
$889,251
+53%
Receivables (Non-Related)
$2,262,041
$2,728,092
+21%
Related-Party Receivables
-
-
-
Inventories
$117,972
$118,799
+1%
Prepaid Expenses
$9,333
$20,013
+114%
Investments
-
-
-
Property, Plant, & Equipment (net)
$10,454,683
$10,361,712
-1%
Other Assets
$628,567
$806,366
+28%
Total Assets
$14,053,743
$14,924,233
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$249,502
$121,582
-51%
Grants Payable
-
-
-
Deferred Revenue
$1,988
$663
-67%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$166,407
-
-
Related-Party Payables
-
-
-
Other Liabilities
$16,926,501
$15,954,797
-6%
Total Liabilities
$17,344,398
$16,077,042
-7%
Net assets
2023
2024
Change
Restricted Net Assets
-
-$3,664
-
Unrestricted Net Assets
-
-$1,149,145
-
Net assets
2023
2024
Change
Net assets
-$3,290,655
-$1,152,809
+65%