Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$12,986,831
Property, Plant, & Equipment (net)
83%
Cash & Equivalents
15%
Other Assets
1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$7,131,742
Notes Payable / Debt (Non-Related)
93%
Related-Party Payables
7%
Payables & Accruals
<1%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,094,897
$2,000,945
+83%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$11,104,826
$10,793,980
-3%
Other Assets
$200
$191,906
+95853%
Total Assets
$12,199,923
$12,986,831
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$57,888
$11,480
-80%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,968,626
$6,625,892
-5%
Related-Party Payables
$489,000
$489,000
+0%
Other Liabilities
$5,370
$5,370
+0%
Total Liabilities
$7,520,884
$7,131,742
-5%
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
+$4,679,039
+$5,855,089
+25%