Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$6,265,595
Cash & Equivalents
51%
Property, Plant, & Equipment (net)
24%
Receivables (Non-Related)
17%
Inventories
8%
Prepaid Expenses
1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$671,815
Payables & Accruals
77%
Deferred Revenue
23%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,750,467
$3,184,538
+16%
Receivables (Non-Related)
$1,009,637
$1,045,398
+4%
Related-Party Receivables
-
-
-
Inventories
$317,706
$472,157
+49%
Prepaid Expenses
$62,321
$62,816
+1%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,589,938
$1,500,686
-6%
Other Assets
-
-
-
Total Assets
$5,730,069
$6,265,595
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$424,613
$514,208
+21%
Grants Payable
-
-
-
Deferred Revenue
$72,001
$157,607
+119%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$496,614
$671,815
+35%
Net assets
2023
2024
Change
Restricted Net Assets
$626,780
$311,780
-50%
Unrestricted Net Assets
$4,606,675
$5,282,000
+15%
Net assets
2023
2024
Change
Net assets
+$5,233,455
+$5,593,780
+7%