Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2025 (Year End)
$3,996,779
Property, Plant, & Equipment (net)
70%
Cash & Equivalents
17%
Inventories
13%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2025 (Year End)
$1,992,542
Notes Payable / Debt (Non-Related)
90%
Payables & Accruals
10%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$965,257
$660,145
-32%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
$200,000
$533,103
+167%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,356,585
$2,801,856
+107%
Other Assets
$1,675
$1,675
+0%
Total Assets
$2,523,517
$3,996,779
+58%
Liabilities
2024
2025
Change
Payables & Accruals
$200,000
$200,000
+0%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$445,856
$1,792,542
+302%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$645,856
$1,992,542
+209%
Net assets
2024
2025
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2024
2025
Change
Net assets
+$1,877,661
+$2,004,237
+7%