Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,198,371
Property, Plant, & Equipment (net)
59%
Cash & Equivalents
36%
Other Assets
5%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$362,406
Deferred Revenue
37%
Other Liabilities
25%
Notes Payable / Debt (Non-Related)
22%
Payables & Accruals
16%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$455,012
$783,196
+72%
Receivables (Non-Related)
$53,080
$13,015
-75%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$5,000
$16,312
+226%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,492,394
$1,286,133
-14%
Other Assets
$86,045
$99,715
+16%
Total Assets
$2,091,531
$2,198,371
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$8,070
$57,184
+609%
Grants Payable
-
-
-
Deferred Revenue
$392,348
$135,030
-66%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$118,000
$78,667
-33%
Related-Party Payables
-
-
-
Other Liabilities
$63,313
$91,525
+45%
Total Liabilities
$581,731
$362,406
-38%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,509,800
$1,835,965
+22%
Net assets
2023
2024
Change
Net assets
+$1,509,800
+$1,835,965
+22%