Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$31,690,226
Property, Plant, & Equipment (net)
95%
Other Assets
2%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$13,524,000
Notes Payable / Debt (Non-Related)
>99%
Payables & Accruals
<1%
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
$741,899
$658,294
-11%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$100,360
$70,252
-30%
Investments
-
-
-
Property, Plant, & Equipment (net)
$31,977,144
$30,260,496
-5%
Other Assets
$727,724
$701,184
-4%
Total Assets
$33,547,127
$31,690,226
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$12,000
$24,000
+100%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$13,500,000
$13,500,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$13,512,000
$13,524,000
+0%
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
+$20,035,127
+$18,166,226
-9%