Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$2,616,995
Property, Plant, & Equipment (net)
47%
Related-Party Receivables
29%
Cash & Equivalents
12%
Other Assets
11%
Receivables (Non-Related)
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,959,513
Notes Payable / Debt (Non-Related)
61%
Related-Party Payables
39%
Payables & Accruals
0%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$427,996
$323,077
-25%
Receivables (Non-Related)
$0
-
-
Related-Party Receivables
$610,654
$753,138
+23%
Inventories
$0
-
-
Prepaid Expenses
$0
-
-
Investments
$0
-
-
Property, Plant, & Equipment (net)
$1,296,704
$1,241,707
-4%
Other Assets
$299,073
$299,073
+0%
Total Assets
$2,634,427
$2,616,995
-1%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,197,982
$1,195,640
0%
Related-Party Payables
$615,714
$763,873
+24%
Other Liabilities
-
-
-
Total Liabilities
$1,813,696
$1,959,513
+8%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$820,731
+$657,482
-20%