Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,069,969
Property, Plant, & Equipment (net)
84%
Cash & Equivalents
13%
Other Assets
2%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,224,698
Other Liabilities
51%
Notes Payable / Debt (Non-Related)
49%
Payables & Accruals
<1%
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
$64,889
$138,612
+114%
Receivables (Non-Related)
$17,763
$5,407
-70%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$539
$6,992
+1197%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$946,488
$901,939
-5%
Other Assets
$17,017
$17,019
+0%
Total Assets
$1,046,696
$1,069,969
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$1,537,001
$1,365
-100%
Grants Payable
-
-
-
Deferred Revenue
$194
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,591,000
$1,591,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
$570,575
$1,632,333
+186%
Total Liabilities
$3,698,770
$3,224,698
-13%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$2,652,074
-$2,154,729
+19%
Net assets
2023
2024
Change
Net assets
-$2,652,074
-$2,154,729
+19%