Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,089,508
Property, Plant, & Equipment (net)
65%
Cash & Equivalents
32%
Other Assets
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$118,107
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
$818,562
$675,995
-17%
Receivables (Non-Related)
$36,000
$18,000
-50%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$973,523
$1,364,497
+40%
Other Assets
-
$31,016
-
Total Assets
$1,828,085
$2,089,508
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$19,010
$118,107
+521%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$48,962
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$67,972
$118,107
+74%
Net assets
2023
2024
Change
Restricted Net Assets
$411,000
$47,430
-88%
Unrestricted Net Assets
$1,349,113
$1,923,971
+43%
Net assets
2023
2024
Change
Net assets
+$1,760,113
+$1,971,401
+12%