Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$35,736,795
Cash & Equivalents
30%
Investments
30%
Receivables (Non-Related)
18%
Property, Plant, & Equipment (net)
12%
Other Assets
7%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$8,563,557
Payables & Accruals
59%
Other Liabilities
30%
Notes Payable / Debt (Non-Related)
8%
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
$9,696,833
$10,837,686
+12%
Receivables (Non-Related)
$5,063,300
$6,407,086
+27%
Related-Party Receivables
-
-
-
Inventories
$833,817
$591,674
-29%
Prepaid Expenses
$211,067
$162,646
-23%
Investments
$7,838,502
$10,678,459
+36%
Property, Plant, & Equipment (net)
$3,696,530
$4,388,842
+19%
Other Assets
$3,223,242
$2,670,402
-17%
Total Assets
$30,563,291
$35,736,795
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$4,462,212
$5,080,620
+14%
Grants Payable
-
-
-
Deferred Revenue
$68,004
$202,115
+197%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$299,639
$723,588
+141%
Related-Party Payables
-
-
-
Other Liabilities
$3,131,682
$2,557,234
-18%
Total Liabilities
$7,961,537
$8,563,557
+8%
Net assets
2023
2024
Change
Restricted Net Assets
-
$134,911
-
Unrestricted Net Assets
$22,601,754
$27,038,327
+20%
Net assets
2023
2024
Change
Net assets
+$22,601,754
+$27,173,238
+20%