Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$22,511,114
Receivables (Non-Related)
37%
Property, Plant, & Equipment (net)
23%
Inventories
23%
Cash & Equivalents
17%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$17,222,556
Other Liabilities
92%
Payables & Accruals
8%
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
$7,235,026
$3,733,416
-48%
Receivables (Non-Related)
$6,534,763
$8,421,494
+29%
Related-Party Receivables
$0
$0
-
Inventories
$5,023,753
$5,143,802
+2%
Prepaid Expenses
$364,161
$55,522
-85%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$5,813,933
$5,156,880
-11%
Other Assets
$0
$0
-
Total Assets
$24,971,636
$22,511,114
-10%
Liabilities
2023
2024
Change
Payables & Accruals
$872,454
$1,405,216
+61%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$21,299,519
$15,817,340
-26%
Total Liabilities
$22,171,973
$17,222,556
-22%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$0
-
Unrestricted Net Assets
$2,799,663
$5,288,558
+89%
Net assets
2023
2024
Change
Net assets
+$2,799,663
+$5,288,558
+89%