Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$9,606,605
Cash & Equivalents
76%
Property, Plant, & Equipment (net)
21%
Receivables (Non-Related)
3%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,717,841
Notes Payable / Debt (Non-Related)
75%
Payables & Accruals
25%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,169,215
$7,260,756
+40%
Receivables (Non-Related)
$173,961
$305,915
+76%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,527,350
$2,002,366
+31%
Other Assets
$14,290
$37,568
+163%
Total Assets
$6,884,816
$9,606,605
+40%
Liabilities
2023
2024
Change
Payables & Accruals
$436,502
$928,279
+113%
Grants Payable
-
-
-
Deferred Revenue
$875,000
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$523,228
$2,789,562
+433%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,834,730
$3,717,841
+103%
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
+$5,050,086
+$5,888,764
+17%