Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$12,255,140
Other Assets
48%
Property, Plant, & Equipment (net)
37%
Cash & Equivalents
8%
Investments
7%
Receivables (Non-Related)
<1%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$7,943,433
Notes Payable / Debt (Non-Related)
92%
Payables & Accruals
8%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,147,094
$945,476
-18%
Receivables (Non-Related)
$115,115
$108,433
-6%
Related-Party Receivables
-
-
-
Inventories
$35,000
$35,000
+0%
Prepaid Expenses
$23,632
$28,162
+19%
Investments
$1,008,233
$809,028
-20%
Property, Plant, & Equipment (net)
$4,752,199
$4,501,403
-5%
Other Assets
$1,703,204
$5,827,638
+242%
Total Assets
$8,784,477
$12,255,140
+40%
Liabilities
2023
2024
Change
Payables & Accruals
$558,910
$674,837
+21%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,098,940
$7,268,596
+77%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$4,657,850
$7,943,433
+71%
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
+$4,126,627
+$4,311,707
+4%