Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$18,294,729
Property, Plant, & Equipment (net)
58%
Cash & Equivalents
37%
Other Assets
3%
Receivables (Non-Related)
<1%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,324,173
Other Liabilities
84%
Payables & Accruals
16%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,866,307
$6,799,557
-1%
Receivables (Non-Related)
$219,899
$167,370
-24%
Related-Party Receivables
-
-
-
Inventories
$106,786
$133,152
+25%
Prepaid Expenses
$103,480
$103,661
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$10,573,939
$10,613,521
+0%
Other Assets
$463,059
$477,468
+3%
Total Assets
$18,333,470
$18,294,729
0%
Liabilities
2023
2024
Change
Payables & Accruals
$1,510,585
$206,912
-86%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,297,952
$1,117,261
-14%
Total Liabilities
$2,808,537
$1,324,173
-53%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$15,524,933
+$16,970,556
+9%