Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,905,587
Property, Plant, & Equipment (net)
69%
Cash & Equivalents
27%
Receivables (Non-Related)
4%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$626,113
Deferred Revenue
81%
Payables & Accruals
19%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,621,571
$1,836,303
+13%
Receivables (Non-Related)
$176,188
$264,799
+50%
Related-Party Receivables
-
-
-
Inventories
$131,487
$42,507
-68%
Prepaid Expenses
$18,158
$19,964
+10%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,730,290
$4,742,014
+174%
Other Assets
$2,750
-
-
Total Assets
$3,680,444
$6,905,587
+88%
Liabilities
2023
2024
Change
Payables & Accruals
$62,320
$119,893
+92%
Grants Payable
-
-
-
Deferred Revenue
$346,236
$506,220
+46%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$408,556
$626,113
+53%
Net assets
2023
2024
Change
Restricted Net Assets
$1,201,799
$832,448
-31%
Unrestricted Net Assets
$2,070,089
$5,447,026
+163%
Net assets
2023
2024
Change
Net assets
+$3,271,888
+$6,279,474
+92%