Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$14,558,951
Cash & Equivalents
52%
Property, Plant, & Equipment (net)
47%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$25,051
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$9,938,097
$7,602,097
-24%
Receivables (Non-Related)
$60,000
$30,000
-50%
Related-Party Receivables
-
-
-
Inventories
$51,935
$30,000
-42%
Prepaid Expenses
$7,553
$46,036
+510%
Investments
$3,523
-
-
Property, Plant, & Equipment (net)
$4,090,767
$6,850,818
+67%
Other Assets
-
-
-
Total Assets
$14,151,875
$14,558,951
+3%
Liabilities
2023
2024
Change
Payables & Accruals
-$938
$25,051
-2771%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
-$938
$25,051
-2771%
Net assets
2023
2024
Change
Restricted Net Assets
$5,221,989
$5,271,958
+1%
Unrestricted Net Assets
$8,930,824
$9,261,942
+4%
Net assets
2023
2024
Change
Net assets
+$14,152,813
+$14,533,900
+3%