Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,458,431
Property, Plant, & Equipment (net)
67%
Cash & Equivalents
21%
Receivables (Non-Related)
12%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$871,476
Notes Payable / Debt (Non-Related)
69%
Payables & Accruals
31%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,156,162
$725,698
-37%
Receivables (Non-Related)
$199,026
$402,161
+102%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$4,036
$4,036
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$865,749
$2,326,536
+169%
Other Assets
-
-
-
Total Assets
$2,224,973
$3,458,431
+55%
Liabilities
2023
2024
Change
Payables & Accruals
$70,000
$271,476
+288%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$600,000
-
Related-Party Payables
-
-
-
Other Liabilities
$40,000
-
-
Total Liabilities
$110,000
$871,476
+692%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,114,973
$2,586,955
+22%
Net assets
2023
2024
Change
Net assets
+$2,114,973
+$2,586,955
+22%