Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$8,797,859
Cash & Equivalents
29%
Other Assets
26%
Property, Plant, & Equipment (net)
25%
Receivables (Non-Related)
19%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,591,309
Notes Payable / Debt (Non-Related)
73%
Other Liabilities
22%
Deferred Revenue
4%
Payables & Accruals
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,453,717
$2,589,046
+78%
Receivables (Non-Related)
$154,461
$1,668,242
+980%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,487
$35,636
+922%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,288,212
$2,192,155
-33%
Other Assets
$1,680,367
$2,312,780
+38%
Total Assets
$6,580,244
$8,797,859
+34%
Liabilities
2023
2024
Change
Payables & Accruals
$30,990
$35,185
+14%
Grants Payable
-
-
-
Deferred Revenue
-
$94,047
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,301,557
$1,882,937
-43%
Related-Party Payables
-
-
-
Other Liabilities
-
$579,140
-
Total Liabilities
$3,332,547
$2,591,309
-22%
Net assets
2023
2024
Change
Restricted Net Assets
$277,632
$2,037,434
+634%
Unrestricted Net Assets
$2,970,065
$4,169,116
+40%
Net assets
2023
2024
Change
Net assets
+$3,247,697
+$6,206,550
+91%