Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$30,130,208
Property, Plant, & Equipment (net)
57%
Cash & Equivalents
33%
Receivables (Non-Related)
7%
Other Assets
2%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,757,996
Related-Party Payables
52%
Payables & Accruals
35%
Other Liabilities
12%
Notes Payable / Debt (Non-Related)
<1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,787,366
$9,977,845
+258%
Receivables (Non-Related)
$5,756,332
$2,053,675
-64%
Related-Party Receivables
$0
$0
-
Inventories
$0
-
-
Prepaid Expenses
$570,790
$336,803
-41%
Investments
$2,581,516
$0
-100%
Property, Plant, & Equipment (net)
$17,754,467
$17,187,801
-3%
Other Assets
$830,292
$574,084
-31%
Total Assets
$30,280,763
$30,130,208
0%
Liabilities
2023
2024
Change
Payables & Accruals
$1,866,981
$1,682,236
-10%
Grants Payable
$0
-
-
Deferred Revenue
$227
$227
+0%
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$0
-
-
Notes Payable / Debt (Non-Related)
$109,874
$25,577
-77%
Related-Party Payables
$3,297,854
$2,475,872
-25%
Other Liabilities
$830,292
$574,084
-31%
Total Liabilities
$6,105,228
$4,757,996
-22%
Net assets
2023
2024
Change
Restricted Net Assets
$354,619
$400,123
+13%
Unrestricted Net Assets
$23,820,916
$24,972,089
+5%
Net assets
2023
2024
Change
Net assets
+$24,175,535
+$25,372,212
+5%