Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$12,220,996
Property, Plant, & Equipment (net)
79%
Cash & Equivalents
18%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$4,397,752
Notes Payable / Debt (Non-Related)
82%
Other Liabilities
18%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,534,767
$2,173,188
+42%
Receivables (Non-Related)
$310,074
$292,199
-6%
Related-Party Receivables
-
-
-
Inventories
$82,357
$59,958
-27%
Prepaid Expenses
$69,195
$80,432
+16%
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,446,759
$9,615,219
+14%
Other Assets
$825,655
$0
-100%
Total Assets
$11,268,807
$12,220,996
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$12,374
$22,985
+86%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,676,930
$3,597,719
+34%
Related-Party Payables
-
-
-
Other Liabilities
$787,200
$777,048
-1%
Total Liabilities
$3,476,504
$4,397,752
+26%
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
+$7,792,303
+$7,823,244
+0%