Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$48,414,297
Receivables (Non-Related)
48%
Property, Plant, & Equipment (net)
32%
Cash & Equivalents
17%
Inventories
2%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$11,179,204
Payables & Accruals
97%
Other Liabilities
3%
Grants Payable
0%
Deferred Revenue
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
$3,093,387
$8,197,109
+165%
Receivables (Non-Related)
$20,217,686
$23,361,756
+16%
Related-Party Receivables
-
-
-
Inventories
$809,328
$975,463
+21%
Prepaid Expenses
$854,340
$361,268
-58%
Investments
-
-
-
Property, Plant, & Equipment (net)
$16,182,694
$15,446,569
-5%
Other Assets
$107,478
$72,132
-33%
Total Assets
$41,264,913
$48,414,297
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$12,369,304
$10,812,520
-13%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,000,000
-
-
Related-Party Payables
-
-
-
Other Liabilities
$363,713
$366,684
+1%
Total Liabilities
$13,733,017
$11,179,204
-19%
Net assets
2023
2024
Change
Restricted Net Assets
$161,165
$161,165
+0%
Unrestricted Net Assets
$27,370,731
$37,073,928
+35%
Net assets
2023
2024
Change
Net assets
+$27,531,896
+$37,235,093
+35%