Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$2,536,362
Property, Plant, & Equipment (net)
57%
Cash & Equivalents
42%
Prepaid Expenses
1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$26,719
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
$479,043
$1,056,331
+121%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$29,412
$30,031
+2%
Investments
-
-
-
Property, Plant, & Equipment (net)
$950,000
$1,450,000
+53%
Other Assets
-$125,267
-
-
Total Assets
$1,333,188
$2,536,362
+90%
Liabilities
2023
2024
Change
Payables & Accruals
$30,558
$26,719
-13%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$30,558
$26,719
-13%
Net assets
2023
2024
Change
Restricted Net Assets
$407,771
$1,450,000
+256%
Unrestricted Net Assets
$894,859
$1,059,643
+18%
Net assets
2023
2024
Change
Net assets
+$1,302,630
+$2,509,643
+93%