Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,901,956
Property, Plant, & Equipment (net)
72%
Related-Party Receivables
18%
Receivables (Non-Related)
10%
Cash & Equivalents
<1%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,454,841
Deferred Revenue
56%
Notes Payable / Debt (Non-Related)
29%
Related-Party Payables
15%
Payables & Accruals
0%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$42,201
$20,956
-50%
Receivables (Non-Related)
$155,000
$374,000
+141%
Related-Party Receivables
-
$707,000
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,541,815
$2,800,000
+82%
Other Assets
$130,411
-
-
Total Assets
$1,869,427
$3,901,956
+109%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
$1,373,841
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$172,612
$707,000
+310%
Related-Party Payables
$155,000
$374,000
+141%
Other Liabilities
-
-
-
Total Liabilities
$327,612
$2,454,841
+649%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,541,815
$1,447,115
-6%
Net assets
2023
2024
Change
Net assets
+$1,541,815
+$1,447,115
-6%