Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$5,998,150
Receivables (Non-Related)
34%
Property, Plant, & Equipment (net)
28%
Other Assets
15%
Inventories
12%
Cash & Equivalents
10%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$15,343,571
Other Liabilities
71%
Payables & Accruals
28%
Deferred Revenue
<1%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,544,924
$607,616
-61%
Receivables (Non-Related)
$1,815,006
$2,023,245
+11%
Related-Party Receivables
$0
$0
-
Inventories
$651,550
$743,387
+14%
Prepaid Expenses
$369,584
$41,520
-89%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,352,940
$1,664,144
+23%
Other Assets
$876,817
$918,238
+5%
Total Assets
$6,610,821
$5,998,150
-9%
Liabilities
2023
2024
Change
Payables & Accruals
$4,889,161
$4,246,519
-13%
Grants Payable
-
-
-
Deferred Revenue
$128,590
$140,142
+9%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$0
$25,502
-
Related-Party Payables
$0
$0
-
Other Liabilities
$4,705,014
$10,931,408
+132%
Total Liabilities
$9,722,765
$15,343,571
+58%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$3,111,944
-$9,345,421
-200%
Net assets
2023
2024
Change
Net assets
-$3,111,944
-$9,345,421
-200%