Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,396,788
Property, Plant, & Equipment (net)
46%
Cash & Equivalents
28%
Receivables (Non-Related)
19%
Other Assets
5%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,279,225
Notes Payable / Debt (Non-Related)
79%
Payables & Accruals
11%
Other Liabilities
10%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$643,491
$1,224,152
+90%
Receivables (Non-Related)
$1,073,833
$856,266
-20%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$77,126
$69,690
-10%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,043,882
$2,027,304
-1%
Other Assets
$236,842
$219,376
-7%
Total Assets
$4,075,174
$4,396,788
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$202,538
$136,027
-33%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,049,601
$1,014,990
-3%
Related-Party Payables
-
-
-
Other Liabilities
$183,940
$128,208
-30%
Total Liabilities
$1,436,079
$1,279,225
-11%
Net assets
2023
2024
Change
Restricted Net Assets
$1,230,929
$1,772,808
+44%
Unrestricted Net Assets
$1,408,166
$1,344,755
-5%
Net assets
2023
2024
Change
Net assets
+$2,639,095
+$3,117,563
+18%