Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$11,834,943
Property, Plant, & Equipment (net)
37%
Receivables (Non-Related)
25%
Cash & Equivalents
16%
Other Assets
14%
Inventories
5%
Prepaid Expenses
2%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$10,514,333
Payables & Accruals
74%
Notes Payable / Debt (Non-Related)
22%
Other Liabilities
4%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,226,640
$1,926,909
-13%
Receivables (Non-Related)
$2,121,358
$3,002,036
+42%
Related-Party Receivables
-
-
-
Inventories
$648,840
$635,332
-2%
Prepaid Expenses
$181,136
$204,667
+13%
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,955,563
$4,377,564
-12%
Other Assets
$1,351,744
$1,688,435
+25%
Total Assets
$11,485,281
$11,834,943
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$6,242,911
$7,801,959
+25%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,568,497
$2,341,178
-9%
Related-Party Payables
-
-
-
Other Liabilities
$491,195
$371,196
-24%
Total Liabilities
$9,302,603
$10,514,333
+13%
Net assets
2023
2024
Change
Restricted Net Assets
$860,549
$1,281,154
+49%
Unrestricted Net Assets
$1,322,129
$39,456
-97%
Net assets
2023
2024
Change
Net assets
+$2,182,678
+$1,320,610
-39%