Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$6,418,489
Property, Plant, & Equipment (net)
78%
Cash & Equivalents
22%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,340,783
Notes Payable / Debt (Non-Related)
51%
Related-Party Payables
43%
Other Liabilities
4%
Payables & Accruals
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,822,134
$1,403,503
-23%
Receivables (Non-Related)
$74,290
$20,498
-72%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,012,402
$4,994,488
0%
Other Assets
-
-
-
Total Assets
$6,908,826
$6,418,489
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$40,984
$44,031
+7%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,161,512
$1,196,612
+3%
Related-Party Payables
$1,000,000
$1,000,000
+0%
Other Liabilities
$78,903
$100,140
+27%
Total Liabilities
$2,281,399
$2,340,783
+3%
Net assets
2023
2024
Change
Restricted Net Assets
$843,489
$826,820
-2%
Unrestricted Net Assets
$3,783,938
$3,250,886
-14%
Net assets
2023
2024
Change
Net assets
+$4,627,427
+$4,077,706
-12%