Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$5,048,062
Property, Plant, & Equipment (net)
78%
Cash & Equivalents
16%
Other Assets
3%
Prepaid Expenses
2%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,757,329
Notes Payable / Debt (Non-Related)
71%
Payables & Accruals
28%
Other Liabilities
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$119,646
$817,554
+583%
Receivables (Non-Related)
$114,869
$36,904
-68%
Related-Party Receivables
-
-
-
Inventories
$0
-
-
Prepaid Expenses
$285,951
$101,621
-64%
Investments
$5,714
-
-
Property, Plant, & Equipment (net)
$5,903,962
$3,926,586
-33%
Other Assets
$185,323
$165,397
-11%
Total Assets
$6,615,465
$5,048,062
-24%
Liabilities
2023
2024
Change
Payables & Accruals
$1,403,846
$758,549
-46%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,740,293
$1,951,763
-59%
Related-Party Payables
-
-
-
Other Liabilities
$69,322
$47,017
-32%
Total Liabilities
$6,213,461
$2,757,329
-56%
Net assets
2023
2024
Change
Restricted Net Assets
$58,028
$0
-100%
Unrestricted Net Assets
$343,976
$2,290,733
+566%
Net assets
2023
2024
Change
Net assets
+$402,004
+$2,290,733
+470%