Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,813,983
Receivables (Non-Related)
64%
Cash & Equivalents
17%
Other Assets
10%
Inventories
7%
Property, Plant, & Equipment (net)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$870,497
Notes Payable / Debt (Non-Related)
56%
Other Liabilities
21%
Payables & Accruals
15%
Deferred Revenue
7%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$356,080
$304,261
-15%
Receivables (Non-Related)
$1,736,896
$1,164,817
-33%
Related-Party Receivables
-
-
-
Inventories
$223,100
$119,273
-47%
Prepaid Expenses
-
$2,806
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$71,498
$34,030
-52%
Other Assets
$229,314
$188,796
-18%
Total Assets
$2,616,888
$1,813,983
-31%
Liabilities
2023
2024
Change
Payables & Accruals
$120,257
$128,656
+7%
Grants Payable
-
-
-
Deferred Revenue
$102,402
$63,544
-38%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$529,087
$491,779
-7%
Related-Party Payables
-
-
-
Other Liabilities
$232,757
$186,518
-20%
Total Liabilities
$984,503
$870,497
-12%
Net assets
2023
2024
Change
Restricted Net Assets
$1,512,437
$977,438
-35%
Unrestricted Net Assets
$119,948
-$33,952
-128%
Net assets
2023
2024
Change
Net assets
+$1,632,385
+$943,486
-42%