Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$7,364,395
Property, Plant, & Equipment (net)
49%
Receivables (Non-Related)
25%
Cash & Equivalents
18%
Prepaid Expenses
4%
Other Assets
4%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,355,364
Other Liabilities
87%
Payables & Accruals
13%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,500,812
$1,324,747
-47%
Receivables (Non-Related)
$1,680,491
$1,859,252
+11%
Related-Party Receivables
-
-
-
Inventories
$3,500
$3,500
+0%
Prepaid Expenses
$325,166
$302,928
-7%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,685,736
$3,610,539
-2%
Other Assets
$115,496
$263,429
+128%
Total Assets
$8,311,201
$7,364,395
-11%
Liabilities
2023
2024
Change
Payables & Accruals
$170,756
$304,628
+78%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,216,575
$2,050,736
+69%
Total Liabilities
$1,387,331
$2,355,364
+70%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$6,923,870
$5,009,031
-28%
Net assets
2023
2024
Change
Net assets
+$6,923,870
+$5,009,031
-28%