Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,624,851
Inventories
60%
Property, Plant, & Equipment (net)
18%
Cash & Equivalents
14%
Receivables (Non-Related)
8%
Other Assets
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,284,223
Deferred Revenue
82%
Payables & Accruals
14%
Notes Payable / Debt (Non-Related)
4%
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
$1,271,430
$797,634
-37%
Receivables (Non-Related)
$363,548
$447,615
+23%
Related-Party Receivables
-
-
-
Inventories
$5,743,664
$3,366,455
-41%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,023,969
$999,424
-2%
Other Assets
$21,404
$13,723
-36%
Total Assets
$8,424,015
$5,624,851
-33%
Liabilities
2023
2024
Change
Payables & Accruals
$672,435
$444,415
-34%
Grants Payable
-
-
-
Deferred Revenue
$4,584,132
$2,703,607
-41%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$947,180
$136,201
-86%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$6,203,747
$3,284,223
-47%
Net assets
2023
2024
Change
Restricted Net Assets
$336,924
$392,810
+17%
Unrestricted Net Assets
$1,883,344
$1,947,818
+3%
Net assets
2023
2024
Change
Net assets
+$2,220,268
+$2,340,628
+5%