Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,295,523
Property, Plant, & Equipment (net)
48%
Cash & Equivalents
34%
Receivables (Non-Related)
14%
Prepaid Expenses
4%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$252,841
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
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
$864,779
$785,111
-9%
Receivables (Non-Related)
-
$317,000
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$118,856
$80,600
-32%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,148,028
$1,112,812
-3%
Other Assets
-
-
-
Total Assets
$2,131,663
$2,295,523
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$50,881
$252,841
+397%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$50,881
$252,841
+397%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,080,782
$2,042,682
-2%
Net assets
2023
2024
Change
Net assets
+$2,080,782
+$2,042,682
-2%