Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$18,083,711
Property, Plant, & Equipment (net)
88%
Cash & Equivalents
11%
Other Assets
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$18,035,399
Notes Payable / Debt (Non-Related)
86%
Payables & Accruals
14%
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
$14,232,342
$2,027,057
-86%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$905
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,698,591
$15,937,432
+838%
Other Assets
$110,250
$118,317
+7%
Total Assets
$16,041,183
$18,083,711
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$271,396
$2,550,399
+840%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$15,485,000
$15,485,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$15,756,396
$18,035,399
+14%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$284,787
$48,312
-83%
Net assets
2023
2024
Change
Net assets
+$284,787
+$48,312
-83%