Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$17,051,199
Property, Plant, & Equipment (net)
64%
Receivables (Non-Related)
21%
Cash & Equivalents
8%
Prepaid Expenses
5%
Inventories
2%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$7,108,794
Notes Payable / Debt (Non-Related)
50%
Payables & Accruals
43%
Other Liabilities
7%
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
$1,443,385
$1,325,398
-8%
Receivables (Non-Related)
$5,304,643
$3,562,150
-33%
Related-Party Receivables
-
-
-
Inventories
$244,730
$302,417
+24%
Prepaid Expenses
$499,203
$794,086
+59%
Investments
-
-
-
Property, Plant, & Equipment (net)
$11,688,886
$10,905,006
-7%
Other Assets
$766,608
$162,142
-79%
Total Assets
$19,947,455
$17,051,199
-15%
Liabilities
2023
2024
Change
Payables & Accruals
$2,108,323
$3,031,023
+44%
Grants Payable
-
-
-
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,056,684
$3,577,771
+74%
Related-Party Payables
-
-
-
Other Liabilities
-
$500,000
-
Total Liabilities
$4,165,007
$7,108,794
+71%
Net assets
2023
2024
Change
Restricted Net Assets
-$2,390,057
$0
-100%
Unrestricted Net Assets
$18,172,505
$9,942,405
-45%
Net assets
2023
2024
Change
Net assets
+$15,782,448
+$9,942,405
-37%