Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$7,024,521
Property, Plant, & Equipment (net)
61%
Other Assets
24%
Cash & Equivalents
15%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,152,269
Other Liabilities
91%
Payables & Accruals
9%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$9,476,640
$1,068,569
-89%
Receivables (Non-Related)
-$127,258
$0
-100%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$4,331,339
$4,266,367
-2%
Other Assets
$1,187,368
$1,689,585
+42%
Total Assets
$14,868,089
$7,024,521
-53%
Liabilities
2023
2024
Change
Payables & Accruals
$69,845
$375,825
+438%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$5,761,033
$3,776,444
-34%
Total Liabilities
$5,830,878
$4,152,269
-29%
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
+$9,037,211
+$2,872,252
-68%