Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,261,878
Property, Plant, & Equipment (net)
73%
Cash & Equivalents
22%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$637,612
Notes Payable / Debt (Non-Related)
74%
Payables & Accruals
13%
Deferred Revenue
13%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$856,439
$722,721
-16%
Receivables (Non-Related)
$136,058
$111,518
-18%
Related-Party Receivables
-
-
-
Inventories
$0
-
-
Prepaid Expenses
$11,604
$32,509
+180%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,744,955
$2,395,130
-13%
Other Assets
-
-
-
Total Assets
$3,749,056
$3,261,878
-13%
Liabilities
2023
2024
Change
Payables & Accruals
$197,362
$81,475
-59%
Grants Payable
-
-
-
Deferred Revenue
$19,337
$81,137
+320%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$475,000
$475,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$691,699
$637,612
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$84,109
$37,385
-56%
Unrestricted Net Assets
$2,973,248
$2,586,881
-13%
Net assets
2023
2024
Change
Net assets
+$3,057,357
+$2,624,266
-14%