Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,362,619
Property, Plant, & Equipment (net)
53%
Cash & Equivalents
29%
Receivables (Non-Related)
9%
Investments
6%
Prepaid Expenses
2%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$2,459,518
Notes Payable / Debt (Non-Related)
70%
Deferred Revenue
16%
Payables & Accruals
14%
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
$1,354,275
$1,875,020
+38%
Receivables (Non-Related)
$800,278
$575,062
-28%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$150,231
-
Investments
$328,011
$360,684
+10%
Property, Plant, & Equipment (net)
$3,373,803
$3,388,584
+0%
Other Assets
$13,038
$13,038
+0%
Total Assets
$5,869,405
$6,362,619
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$252,703
$344,866
+36%
Grants Payable
-
-
-
Deferred Revenue
-
$396,346
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,845,985
$1,718,306
-7%
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$2,098,688
$2,459,518
+17%
Net assets
2023
2024
Change
Restricted Net Assets
$0
-
-
Unrestricted Net Assets
$3,770,717
$3,903,101
+4%
Net assets
2023
2024
Change
Net assets
+$3,770,717
+$3,903,101
+4%