Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$10,733,142
Property, Plant, & Equipment (net)
81%
Cash & Equivalents
17%
Inventories
1%
Other Assets
<1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,875,153
Notes Payable / Debt (Non-Related)
59%
Other Liabilities
22%
Deferred Revenue
12%
Payables & Accruals
7%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$575,421
$1,821,583
+217%
Receivables (Non-Related)
$106,653
$50,000
-53%
Related-Party Receivables
$0
$0
-
Inventories
$110,336
$110,796
+0%
Prepaid Expenses
$71,623
$5,000
-93%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$8,887,983
$8,664,924
-3%
Other Assets
$80,838
$80,839
+0%
Total Assets
$9,832,854
$10,733,142
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$347,713
$323,131
-7%
Grants Payable
-
-
-
Deferred Revenue
$548,882
$566,787
+3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,622,695
$2,894,481
-20%
Related-Party Payables
$100,000
-
-
Other Liabilities
$230,000
$1,090,754
+374%
Total Liabilities
$4,849,290
$4,875,153
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$232,421
$860,754
+270%
Unrestricted Net Assets
$4,751,143
$4,997,235
+5%
Net assets
2023
2024
Change
Net assets
+$4,983,564
+$5,857,989
+18%