Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,504,664
Property, Plant, & Equipment (net)
71%
Cash & Equivalents
29%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,106,123
Notes Payable / Debt (Non-Related)
59%
Payables & Accruals
22%
Deferred Revenue
19%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$868,221
$1,318,174
+52%
Receivables (Non-Related)
$632
$2,342
+271%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,069,126
$3,184,148
+4%
Other Assets
$6,000
$0
-100%
Total Assets
$3,943,979
$4,504,664
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$775,419
$671,788
-13%
Grants Payable
-
-
-
Deferred Revenue
$198,645
$594,085
+199%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,915,322
$1,840,250
-4%
Related-Party Payables
$0
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,889,386
$3,106,123
+8%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,054,593
$1,398,541
+33%
Net assets
2023
2024
Change
Net assets
+$1,054,593
+$1,398,541
+33%