Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,166,152
Inventories
47%
Cash & Equivalents
35%
Other Assets
7%
Receivables (Non-Related)
5%
Investments
5%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$1,347,655
Deferred Revenue
66%
Other Liabilities
16%
Notes Payable / Debt (Non-Related)
14%
Payables & Accruals
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,495,277
$1,118,659
-25%
Receivables (Non-Related)
$9,800
$162,771
+1561%
Related-Party Receivables
-
-
-
Inventories
$1,374,484
$1,475,778
+7%
Prepaid Expenses
$25,409
$20,043
-21%
Investments
$102,438
$158,999
+55%
Property, Plant, & Equipment (net)
$21,653
$17,327
-20%
Other Assets
$71,593
$212,575
+197%
Total Assets
$3,100,654
$3,166,152
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$301,721
$59,906
-80%
Grants Payable
-
-
-
Deferred Revenue
$1,879,390
$887,000
-53%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$193,156
$188,174
-3%
Related-Party Payables
-
-
-
Other Liabilities
$71,593
$212,575
+197%
Total Liabilities
$2,445,860
$1,347,655
-45%
Net assets
2023
2024
Change
Restricted Net Assets
-
$923,901
-
Unrestricted Net Assets
$654,794
$894,596
+37%
Net assets
2023
2024
Change
Net assets
+$654,794
+$1,818,497
+178%