Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$2,409,420
Property, Plant, & Equipment (net)
98%
Cash & Equivalents
2%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$792,129
Related-Party Payables
93%
Notes Payable / Debt (Non-Related)
6%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$70,862
$44,091
-38%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,365,329
$2,365,329
+0%
Other Assets
-
-
-
Total Assets
$2,436,191
$2,409,420
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$4,940
$4,143
-16%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$75,000
$50,000
-33%
Related-Party Payables
$895,000
$737,986
-18%
Other Liabilities
-
-
-
Total Liabilities
$974,940
$792,129
-19%
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
+$1,461,251
+$1,617,291
+11%