Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$2,749,528
Property, Plant, & Equipment (net)
64%
Investments
33%
Cash & Equivalents
3%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$1,948,733
Related-Party Payables
84%
Notes Payable / Debt (Non-Related)
15%
Other Liabilities
<1%
Payables & Accruals
0%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$161,354
$87,045
-46%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
$908,784
-
Property, Plant, & Equipment (net)
$832,549
$1,750,915
+110%
Other Assets
$3,714
$2,784
-25%
Total Assets
$997,617
$2,749,528
+176%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
$300,000
-
Related-Party Payables
$1,635,436
$1,635,436
+0%
Other Liabilities
$46,039
$13,297
-71%
Total Liabilities
$1,681,475
$1,948,733
+16%
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
-$683,858
+$800,795
-217%