Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,734,829
Property, Plant, & Equipment (net)
78%
Cash & Equivalents
15%
Receivables (Non-Related)
4%
Inventories
3%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,417,648
Notes Payable / Debt (Non-Related)
89%
Other Liabilities
7%
Payables & Accruals
4%
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
$1,594,549
$1,040,183
-35%
Receivables (Non-Related)
$122,684
$240,875
+96%
Related-Party Receivables
$0
$0
-
Inventories
$103,781
$183,359
+77%
Prepaid Expenses
$9,498
$7,429
-22%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$2,068,287
$5,234,104
+153%
Other Assets
$316,097
$28,879
-91%
Total Assets
$4,214,896
$6,734,829
+60%
Liabilities
2023
2024
Change
Payables & Accruals
$26,352
$55,881
+112%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,364,900
$1,264,900
-7%
Related-Party Payables
-
-
-
Other Liabilities
$54,720
$96,867
+77%
Total Liabilities
$1,445,972
$1,417,648
-2%
Net assets
2023
2024
Change
Restricted Net Assets
$835,742
$352,264
-58%
Unrestricted Net Assets
$1,933,182
$4,964,917
+157%
Net assets
2023
2024
Change
Net assets
+$2,768,924
+$5,317,181
+92%