Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,271,181
Property, Plant, & Equipment (net)
65%
Cash & Equivalents
27%
Receivables (Non-Related)
7%
Inventories
<1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$499,075
Other Liabilities
76%
Notes Payable / Debt (Non-Related)
16%
Payables & Accruals
8%
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
$1,162,140
$870,462
-25%
Receivables (Non-Related)
$188,316
$243,983
+30%
Related-Party Receivables
-
-
-
Inventories
$24,087
$24,087
+0%
Prepaid Expenses
$12,797
$11,128
-13%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,048,623
$2,120,521
+4%
Other Assets
$1,000
$1,000
+0%
Total Assets
$3,436,963
$3,271,181
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$49,672
$40,046
-19%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$133,176
$79,201
-41%
Related-Party Payables
-
-
-
Other Liabilities
-
$379,828
-
Total Liabilities
$182,848
$499,075
+173%
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
+$3,254,115
+$2,772,106
-15%