Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$11,481,697
Cash & Equivalents
45%
Property, Plant, & Equipment (net)
41%
Receivables (Non-Related)
14%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$15,920,156
Notes Payable / Debt (Non-Related)
57%
Other Liabilities
32%
Payables & Accruals
11%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$31,683,039
$5,136,186
-84%
Receivables (Non-Related)
$4,075,000
$1,603,850
-61%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
$4,741,661
-
Other Assets
$2,220,703
-
-
Total Assets
$37,978,742
$11,481,697
-70%
Liabilities
2023
2024
Change
Payables & Accruals
$245,477
$1,763,269
+618%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,283,224
$9,057,012
+111%
Related-Party Payables
-
-
-
Other Liabilities
-
$5,099,875
-
Total Liabilities
$4,528,701
$15,920,156
+252%
Net assets
2023
2024
Change
Restricted Net Assets
$49,188,991
$37,817,906
-23%
Unrestricted Net Assets
-$15,738,950
-$42,256,365
-168%
Net assets
2023
2024
Change
Net assets
+$33,450,041
-$4,438,459
-113%