Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$7,347,722
Other Assets
69%
Inventories
19%
Investments
5%
Cash & Equivalents
3%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$2,859,251
Related-Party Payables
70%
Payables & Accruals
29%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$328,842
$248,276
-24%
Receivables (Non-Related)
$29,691
$12,987
-56%
Related-Party Receivables
-
-
-
Inventories
$1,255,348
$1,393,326
+11%
Prepaid Expenses
$54,805
$64,869
+18%
Investments
$311,260
$332,944
+7%
Property, Plant, & Equipment (net)
$111,544
$194,412
+74%
Other Assets
$3,817,193
$5,100,908
+34%
Total Assets
$5,908,683
$7,347,722
+24%
Liabilities
2023
2024
Change
Payables & Accruals
$649,459
$822,444
+27%
Grants Payable
-
-
-
Deferred Revenue
$32,083
$43,989
+37%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
$700,000
$1,992,818
+185%
Other Liabilities
-
-
-
Total Liabilities
$1,381,542
$2,859,251
+107%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$4,527,141
+$4,488,471
-1%