Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,677,795
Property, Plant, & Equipment (net)
70%
Cash & Equivalents
26%
Receivables (Non-Related)
4%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,610,414
Notes Payable / Debt (Non-Related)
93%
Payables & Accruals
4%
Other Liabilities
3%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,794,010
$1,731,625
-54%
Receivables (Non-Related)
$295,299
$253,516
-14%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,943,586
$4,665,105
+140%
Other Assets
$976,765
$27,549
-97%
Total Assets
$7,009,660
$6,677,795
-5%
Liabilities
2023
2024
Change
Payables & Accruals
-
$106,565
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,946,595
$2,434,828
-17%
Related-Party Payables
-
-
-
Other Liabilities
$56,779
$69,021
+22%
Total Liabilities
$3,003,374
$2,610,414
-13%
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
+$4,006,286
+$4,067,381
+2%