Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$10,834,696
Property, Plant, & Equipment (net)
78%
Cash & Equivalents
11%
Other Assets
8%
Receivables (Non-Related)
2%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,818,450
Related-Party Payables
87%
Deferred Revenue
11%
Payables & Accruals
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,215,034
$1,213,762
0%
Receivables (Non-Related)
$187,553
$235,254
+25%
Related-Party Receivables
$0
$0
-
Inventories
$45,660
$39,472
-14%
Prepaid Expenses
$33,684
$34,196
+2%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$8,635,834
$8,432,761
-2%
Other Assets
$591,675
$879,251
+49%
Total Assets
$10,709,440
$10,834,696
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$15,363
$27,372
+78%
Grants Payable
-
-
-
Deferred Revenue
$178,891
$202,486
+13%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$1,986,831
$1,588,592
-20%
Other Liabilities
$1
-
-
Total Liabilities
$2,181,086
$1,818,450
-17%
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
+$8,528,354
+$9,016,246
+6%