Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,464,954
Property, Plant, & Equipment (net)
40%
Inventories
34%
Cash & Equivalents
23%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,519,031
Other Liabilities
57%
Deferred Revenue
39%
Payables & Accruals
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,601,703
$1,233,024
-23%
Receivables (Non-Related)
$1,020,024
$148,678
-85%
Related-Party Receivables
-
-
-
Inventories
$1,278,744
$1,866,667
+46%
Prepaid Expenses
$18,975
$12,641
-33%
Investments
$13,708
-
-
Property, Plant, & Equipment (net)
$2,315,464
$2,203,944
-5%
Other Assets
$87,965
-
-
Total Assets
$6,336,583
$5,464,954
-14%
Liabilities
2023
2024
Change
Payables & Accruals
$96,817
$151,374
+56%
Grants Payable
-
-
-
Deferred Revenue
$611,131
$1,371,000
+124%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,668,818
$1,996,657
-25%
Total Liabilities
$3,376,766
$3,519,031
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$120,000
-
-
Unrestricted Net Assets
$2,839,817
$1,945,923
-31%
Net assets
2023
2024
Change
Net assets
+$2,959,817
+$1,945,923
-34%