Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$410,982
Property, Plant, & Equipment (net)
97%
Cash & Equivalents
3%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$335,862
Notes Payable / Debt (Non-Related)
91%
Related-Party Payables
9%
Payables & Accruals
0%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$1,345
$10,982
+717%
Receivables (Non-Related)
$0
$0
-
Related-Party Receivables
$0
$0
-
Inventories
$0
-
-
Prepaid Expenses
$0
-
-
Investments
$392,513
$0
-100%
Property, Plant, & Equipment (net)
$0
$400,000
-
Other Assets
$0
$0
-
Total Assets
$393,858
$410,982
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$0
$0
-
Grants Payable
$0
$0
-
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
$312,513
$305,957
-2%
Related-Party Payables
$80,000
$29,905
-63%
Other Liabilities
$0
$0
-
Total Liabilities
$392,513
$335,862
-14%
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
+$1,345
+$75,120
+5485%