Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,511,773
Other Assets
42%
Receivables (Non-Related)
37%
Property, Plant, & Equipment (net)
19%
Inventories
<1%
Prepaid Expenses
<1%
Cash & Equivalents
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,556,574
Other Liabilities
77%
Notes Payable / Debt (Non-Related)
13%
Payables & Accruals
11%
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
$915,487
$2,532
-100%
Receivables (Non-Related)
$754,066
$1,677,963
+123%
Related-Party Receivables
-
$0
-
Inventories
$154,635
$41,006
-73%
Prepaid Expenses
$54,020
$33,496
-38%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$880,229
$850,674
-3%
Other Assets
$1,923,665
$1,906,102
-1%
Total Assets
$4,682,102
$4,511,773
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$360,348
$270,126
-25%
Grants Payable
-
$0
-
Deferred Revenue
-
$0
-
Tax-Exempt Bond Liabilities
-
$0
-
Custodial & Escrow Liabilities
-
$0
-
Notes Payable / Debt (Non-Related)
$315,421
$330,536
+5%
Related-Party Payables
-
$0
-
Other Liabilities
$1,958,764
$1,955,912
0%
Total Liabilities
$2,634,533
$2,556,574
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$14,219
$14,219
+0%
Unrestricted Net Assets
$2,033,350
$1,940,980
-5%
Net assets
2023
2024
Change
Net assets
+$2,047,569
+$1,955,199
-5%