Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$26,047,335
Cash & Equivalents
43%
Property, Plant, & Equipment (net)
32%
Inventories
13%
Investments
4%
Other Assets
4%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$3,839,707
Payables & Accruals
42%
Deferred Revenue
33%
Other Liabilities
25%
Grants Payable
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
$10,718,275
$11,194,734
+4%
Receivables (Non-Related)
$569,399
$880,640
+55%
Related-Party Receivables
-
-
-
Inventories
$2,397,081
$3,359,237
+40%
Prepaid Expenses
$279,132
$215,314
-23%
Investments
$870,799
$1,120,861
+29%
Property, Plant, & Equipment (net)
$8,181,468
$8,331,885
+2%
Other Assets
$925,257
$944,664
+2%
Total Assets
$23,941,411
$26,047,335
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$1,108,913
$1,616,913
+46%
Grants Payable
-
-
-
Deferred Revenue
$1,436,711
$1,278,130
-11%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$925,257
$944,664
+2%
Total Liabilities
$3,470,881
$3,839,707
+11%
Net assets
2023
2024
Change
Restricted Net Assets
$591,459
$598,224
+1%
Unrestricted Net Assets
$19,879,071
$21,609,404
+9%
Net assets
2023
2024
Change
Net assets
+$20,470,530
+$22,207,628
+8%