Balance Sheet

Fiscal Year: 2023
Jan 1, 2023 – Dec 31, 2023
Assets in 2023 (Year End)
$1,434,293
Cash & Equivalents
58%
Property, Plant, & Equipment (net)
25%
Receivables (Non-Related)
7%
Inventories
5%
Other Assets
3%
Prepaid Expenses
2%
Investments
<1%
Related-Party Receivables
0%
Liabilities in 2023 (Year End)
$436,368
Payables & Accruals
44%
Deferred Revenue
29%
Notes Payable / Debt (Non-Related)
27%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2022
2023
Change
Cash & Equivalents
$363,663
$830,692
+128%
Receivables (Non-Related)
$70,287
$96,223
+37%
Related-Party Receivables
-
-
-
Inventories
$59,023
$69,244
+17%
Prepaid Expenses
$16,789
$29,852
+78%
Investments
$1,785
$1,785
+0%
Property, Plant, & Equipment (net)
$384,619
$365,386
-5%
Other Assets
$44,444
$41,111
-7%
Total Assets
$940,610
$1,434,293
+52%
Liabilities
2022
2023
Change
Payables & Accruals
$48,021
$193,246
+302%
Grants Payable
-
-
-
Deferred Revenue
$2,799
$125,158
+4372%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$117,964
-
Related-Party Payables
-
-
-
Other Liabilities
$472,246
$0
-100%
Total Liabilities
$523,066
$436,368
-17%
Net assets
2022
2023
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$417,544
$997,925
+139%
Net assets
2022
2023
Change
Net assets
+$417,544
+$997,925
+139%