Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$5,409,686
Cash & Equivalents
58%
Property, Plant, & Equipment (net)
42%
Inventories
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$880,540
Notes Payable / Debt (Non-Related)
90%
Custodial & Escrow Liabilities
9%
Payables & Accruals
1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,500,048
$3,123,644
-11%
Receivables (Non-Related)
$0
$0
-
Related-Party Receivables
$0
$0
-
Inventories
$27,153
$38,732
+43%
Prepaid Expenses
$2,157
$0
-100%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$2,409,905
$2,247,310
-7%
Other Assets
$0
$0
-
Total Assets
$5,939,263
$5,409,686
-9%
Liabilities
2023
2024
Change
Payables & Accruals
$22,891
$9,052
-60%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
$80,756
-
Notes Payable / Debt (Non-Related)
$826,568
$790,732
-4%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$849,459
$880,540
+4%
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
+$5,089,804
+$4,529,146
-11%