Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$24,205,131
Cash & Equivalents
54%
Property, Plant, & Equipment (net)
32%
Receivables (Non-Related)
11%
Other Assets
2%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,073,882
Payables & Accruals
39%
Other Liabilities
36%
Related-Party Payables
25%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Assets
2023
2024
Change
Cash & Equivalents
$17,984,464
$13,122,234
-27%
Receivables (Non-Related)
$2,532,507
$2,608,874
+3%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$86,521
$261,323
+202%
Investments
-
-
-
Property, Plant, & Equipment (net)
$232,609
$7,703,916
+3212%
Other Assets
$626,604
$508,784
-19%
Total Assets
$21,462,705
$24,205,131
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$470,908
$817,545
+74%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$519,138
$519,138
+0%
Other Liabilities
$590,770
$737,199
+25%
Total Liabilities
$1,580,816
$2,073,882
+31%
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
+$19,881,889
+$22,131,249
+11%