Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$12,049,232
Property, Plant, & Equipment (net)
90%
Cash & Equivalents
10%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,081,102
Notes Payable / Debt (Non-Related)
79%
Related-Party Payables
20%
Payables & Accruals
<1%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,200,001
$1,168,891
-3%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,231,210
$10,880,341
+32%
Other Assets
-
-
-
Total Assets
$9,431,211
$12,049,232
+28%
Liabilities
2023
2024
Change
Payables & Accruals
$10,137
$9,134
-10%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$2,436,126
-
Related-Party Payables
$682,756
$631,260
-8%
Other Liabilities
$1,963,543
$4,582
-100%
Total Liabilities
$2,656,436
$3,081,102
+16%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$6,774,775
$8,968,130
+32%
Net assets
2023
2024
Change
Net assets
+$6,774,775
+$8,968,130
+32%