Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,094,827
Property, Plant, & Equipment (net)
97%
Cash & Equivalents
3%
Inventories
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,369,647
Related-Party Payables
87%
Other Liabilities
11%
Payables & Accruals
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$87,227
$95,247
+9%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
$3,200
$3,200
+0%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,018,996
$2,996,380
-1%
Other Assets
-
-
-
Total Assets
$3,109,423
$3,094,827
0%
Liabilities
2023
2024
Change
Payables & Accruals
$12,106
$29,647
+145%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$950,000
$1,190,000
+25%
Other Liabilities
$150,000
$150,000
+0%
Total Liabilities
$1,112,106
$1,369,647
+23%
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
+$1,997,317
+$1,725,180
-14%