Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,026,628
Property, Plant, & Equipment (net)
79%
Cash & Equivalents
19%
Other Assets
2%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,154,046
Related-Party Payables
97%
Other Liabilities
2%
Notes Payable / Debt (Non-Related)
<1%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$16,074
$193,852
+1106%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$574,897
$815,776
+42%
Other Assets
$17,000
$17,000
+0%
Total Assets
$607,971
$1,026,628
+69%
Liabilities
2023
2024
Change
Payables & Accruals
$24,133
$3,030
-87%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$32,987
$9,064
-73%
Related-Party Payables
$358,087
$2,097,539
+486%
Other Liabilities
$903,993
$44,413
-95%
Total Liabilities
$1,319,200
$2,154,046
+63%
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
-$711,229
-$1,127,418
-59%