Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$7,714,919
Receivables (Non-Related)
39%
Property, Plant, & Equipment (net)
31%
Cash & Equivalents
24%
Other Assets
4%
Prepaid Expenses
1%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,987,320
Notes Payable / Debt (Non-Related)
42%
Payables & Accruals
39%
Other Liabilities
16%
Deferred Revenue
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,761,059
$1,828,982
+4%
Receivables (Non-Related)
$2,425,559
$3,016,641
+24%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,244
$102,558
+4470%
Investments
$31,631
$31,631
+0%
Property, Plant, & Equipment (net)
$978,487
$2,429,626
+148%
Other Assets
$49,693
$305,481
+515%
Total Assets
$5,248,673
$7,714,919
+47%
Liabilities
2023
2024
Change
Payables & Accruals
$397,330
$775,121
+95%
Grants Payable
-
-
-
Deferred Revenue
$289,990
$54,701
-81%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$836,578
-
Related-Party Payables
-
-
-
Other Liabilities
$31,631
$320,920
+915%
Total Liabilities
$718,951
$1,987,320
+176%
Net assets
2023
2024
Change
Restricted Net Assets
-
$237,052
-
Unrestricted Net Assets
$4,529,722
$5,490,547
+21%
Net assets
2023
2024
Change
Net assets
+$4,529,722
+$5,727,599
+26%