Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$5,465,783
Property, Plant, & Equipment (net)
51%
Cash & Equivalents
48%
Prepaid Expenses
<1%
Other Assets
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,006,724
Notes Payable / Debt (Non-Related)
88%
Payables & Accruals
12%
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
$3,744,323
$2,619,779
-30%
Receivables (Non-Related)
$219
$13,882
+6239%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$54,829
$43,520
-21%
Investments
$25
-
-
Property, Plant, & Equipment (net)
$2,860,841
$2,765,693
-3%
Other Assets
$22,909
$22,909
+0%
Total Assets
$6,683,146
$5,465,783
-18%
Liabilities
2023
2024
Change
Payables & Accruals
$70,805
$124,537
+76%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,969,743
$882,187
-55%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,040,548
$1,006,724
-51%
Net assets
2023
2024
Change
Restricted Net Assets
$7,965
$346,787
+4254%
Unrestricted Net Assets
$4,634,633
$4,112,272
-11%
Net assets
2023
2024
Change
Net assets
+$4,642,598
+$4,459,059
-4%