Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$10,742,245
Property, Plant, & Equipment (net)
36%
Other Assets
36%
Receivables (Non-Related)
24%
Cash & Equivalents
4%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$891,779
Deferred Revenue
55%
Payables & Accruals
29%
Notes Payable / Debt (Non-Related)
16%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$231,363
$412,810
+78%
Receivables (Non-Related)
$3,217,642
$2,603,287
-19%
Related-Party Receivables
-
-
-
Inventories
$16,324
$11,266
-31%
Prepaid Expenses
$62,925
$62,925
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,582,478
$3,838,250
+7%
Other Assets
$1,859,400
$3,813,707
+105%
Total Assets
$8,970,132
$10,742,245
+20%
Liabilities
2023
2024
Change
Payables & Accruals
$278,749
$261,758
-6%
Grants Payable
-
-
-
Deferred Revenue
$437,292
$488,300
+12%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$141,721
-
Related-Party Payables
$1,823,500
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,539,541
$891,779
-65%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$6,430,591
$9,850,466
+53%
Net assets
2023
2024
Change
Net assets
+$6,430,591
+$9,850,466
+53%