Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$251,201
Receivables (Non-Related)
75%
Property, Plant, & Equipment (net)
20%
Other Assets
6%
Cash & Equivalents
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$283,472
Notes Payable / Debt (Non-Related)
91%
Other Liabilities
9%
Related-Party Payables
<1%
Payables & Accruals
0%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$19,953
-
-
Receivables (Non-Related)
$218,000
$187,867
-14%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$49,482
$49,482
+0%
Other Assets
-
$13,852
-
Total Assets
$287,435
$251,201
-13%
Liabilities
2023
2024
Change
Payables & Accruals
$4,519
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$24,893
$257,234
+933%
Related-Party Payables
$183,247
$1,875
-99%
Other Liabilities
$127
$24,363
+19083%
Total Liabilities
$212,786
$283,472
+33%
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
+$74,649
-$32,271
-143%