Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,032,747
Property, Plant, & Equipment (net)
67%
Cash & Equivalents
27%
Inventories
3%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Investments
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,802,273
Other Liabilities
67%
Notes Payable / Debt (Non-Related)
17%
Payables & Accruals
8%
Related-Party Payables
7%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,475,932
$1,088,311
-26%
Receivables (Non-Related)
$879
$96,608
+10891%
Related-Party Receivables
-
-
-
Inventories
$138,497
$113,845
-18%
Prepaid Expenses
$35,632
$33,508
-6%
Investments
$1,253
$1,253
+0%
Property, Plant, & Equipment (net)
$2,640,572
$2,699,222
+2%
Other Assets
-
-
-
Total Assets
$4,292,765
$4,032,747
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$315,827
$232,851
-26%
Grants Payable
-
-
-
Deferred Revenue
$61,875
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$488,060
-
Related-Party Payables
$200,000
$200,000
+0%
Other Liabilities
$1,971,898
$1,881,362
-5%
Total Liabilities
$2,549,600
$2,802,273
+10%
Net assets
2023
2024
Change
Restricted Net Assets
$314,228
$287,305
-9%
Unrestricted Net Assets
$1,428,937
$943,169
-34%
Net assets
2023
2024
Change
Net assets
+$1,743,165
+$1,230,474
-29%