Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$10,862,763
Cash & Equivalents
54%
Property, Plant, & Equipment (net)
25%
Receivables (Non-Related)
20%
Other Assets
1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,685,762
Notes Payable / Debt (Non-Related)
93%
Payables & Accruals
5%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,573,283
$5,905,209
-10%
Receivables (Non-Related)
$355,126
$2,137,497
+502%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,700,485
$2,669,192
-1%
Other Assets
$154,934
$150,865
-3%
Total Assets
$9,783,828
$10,862,763
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$107,693
$216,661
+101%
Grants Payable
-
-
-
Deferred Revenue
-
$100,000
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,466,702
$4,369,101
-2%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$4,574,395
$4,685,762
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$3,604,346
$5,265,893
+46%
Unrestricted Net Assets
$1,605,087
$911,108
-43%
Net assets
2023
2024
Change
Net assets
+$5,209,433
+$6,177,001
+19%