Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$6,716,401
Cash & Equivalents
59%
Receivables (Non-Related)
24%
Other Assets
12%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,045,531
Payables & Accruals
61%
Notes Payable / Debt (Non-Related)
39%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$2,628,274
$3,955,054
+50%
Receivables (Non-Related)
$1,318,329
$1,584,801
+20%
Related-Party Receivables
-
-
-
Inventories
$30,903
$28,436
-8%
Prepaid Expenses
$48,184
$66,798
+39%
Investments
-
-
-
Property, Plant, & Equipment (net)
$312,596
$268,226
-14%
Other Assets
$1,284,391
$813,086
-37%
Total Assets
$5,622,677
$6,716,401
+19%
Liabilities
2023
2024
Change
Payables & Accruals
$965,290
$1,241,990
+29%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
$1,278,504
$803,541
-37%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,243,794
$2,045,531
-9%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,378,883
$4,670,870
+38%
Net assets
2023
2024
Change
Net assets
+$3,378,883
+$4,670,870
+38%