Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$5,782,543
Property, Plant, & Equipment (net)
64%
Cash & Equivalents
36%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$251,914
Deferred Revenue
83%
Payables & Accruals
10%
Related-Party Payables
7%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,734,234
$2,098,853
-44%
Receivables (Non-Related)
$342,114
$3,468
-99%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$5,056
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
$3,675,166
-
Other Assets
$50,000
$0
-100%
Total Assets
$4,126,348
$5,782,543
+40%
Liabilities
2023
2024
Change
Payables & Accruals
-
$26,087
-
Grants Payable
-
-
-
Deferred Revenue
-
$208,734
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
$17,093
-
Other Liabilities
-
-
-
Total Liabilities
$0
$251,914
-
Net assets
2023
2024
Change
Restricted Net Assets
-
$1,665,646
-
Unrestricted Net Assets
-
$3,864,983
-
Net assets
2023
2024
Change
Net assets
+$4,126,348
+$5,530,629
+34%