Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$7,168,782
Property, Plant, & Equipment (net)
98%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Inventories
<1%
Cash & Equivalents
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,842,062
Notes Payable / Debt (Non-Related)
65%
Payables & Accruals
19%
Related-Party Payables
16%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$145,177
$16,475
-89%
Receivables (Non-Related)
$70,171
$62,451
-11%
Related-Party Receivables
-
-
-
Inventories
$23,510
$16,940
-28%
Prepaid Expenses
$16,663
$17,722
+6%
Investments
-
-
-
Property, Plant, & Equipment (net)
$7,138,903
$7,053,919
-1%
Other Assets
$1,275
$1,275
+0%
Total Assets
$7,395,699
$7,168,782
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$1,049,377
$932,478
-11%
Grants Payable
-
-
-
Deferred Revenue
$1,273
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,870,925
$3,141,298
+9%
Related-Party Payables
$464,280
$768,286
+65%
Other Liabilities
-
-
-
Total Liabilities
$4,385,855
$4,842,062
+10%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,009,844
$2,326,720
-23%
Net assets
2023
2024
Change
Net assets
+$3,009,844
+$2,326,720
-23%