Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$15,936,783
Property, Plant, & Equipment (net)
47%
Receivables (Non-Related)
23%
Cash & Equivalents
22%
Inventories
7%
Prepaid Expenses
1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,313,155
Other Liabilities
60%
Notes Payable / Debt (Non-Related)
19%
Payables & Accruals
19%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,333,035
$3,532,895
+6%
Receivables (Non-Related)
$4,061,046
$3,648,366
-10%
Related-Party Receivables
-
-
-
Inventories
$1,064,340
$1,074,340
+1%
Prepaid Expenses
$102,267
$164,322
+61%
Investments
-
-
-
Property, Plant, & Equipment (net)
$7,288,038
$7,516,423
+3%
Other Assets
$437
$437
+0%
Total Assets
$15,849,163
$15,936,783
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$1,982,249
$1,187,944
-40%
Grants Payable
-
-
-
Deferred Revenue
$43,084
$150,997
+250%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,300,000
$1,200,000
-8%
Related-Party Payables
-
-
-
Other Liabilities
$3,716,435
$3,774,214
+2%
Total Liabilities
$7,041,768
$6,313,155
-10%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$8,807,395
$9,623,628
+9%
Net assets
2023
2024
Change
Net assets
+$8,807,395
+$9,623,628
+9%