Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,404,421
Property, Plant, & Equipment (net)
65%
Receivables (Non-Related)
19%
Cash & Equivalents
8%
Investments
5%
Prepaid Expenses
2%
Inventories
1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$1,803,858
Notes Payable / Debt (Non-Related)
69%
Payables & Accruals
27%
Deferred Revenue
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$534,073
$427,288
-20%
Receivables (Non-Related)
$1,125,334
$1,037,590
-8%
Related-Party Receivables
-
-
-
Inventories
$92,377
$58,053
-37%
Prepaid Expenses
$55,986
$83,657
+49%
Investments
$292,490
$260,226
-11%
Property, Plant, & Equipment (net)
$2,418,376
$3,515,827
+45%
Other Assets
$21,780
$21,780
+0%
Total Assets
$4,540,416
$5,404,421
+19%
Liabilities
2023
2024
Change
Payables & Accruals
$350,541
$482,650
+38%
Grants Payable
-
-
-
Deferred Revenue
$50,000
$82,784
+66%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,185,187
$1,238,424
+4%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,585,728
$1,803,858
+14%
Net assets
2023
2024
Change
Restricted Net Assets
$209,715
$82,516
-61%
Unrestricted Net Assets
$2,744,973
$3,518,047
+28%
Net assets
2023
2024
Change
Net assets
+$2,954,688
+$3,600,563
+22%