Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,316,792
Property, Plant, & Equipment (net)
48%
Receivables (Non-Related)
31%
Inventories
13%
Cash & Equivalents
5%
Prepaid Expenses
3%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$929,510
Deferred Revenue
40%
Related-Party Payables
36%
Notes Payable / Debt (Non-Related)
20%
Payables & Accruals
2%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$21,115
$69,397
+229%
Receivables (Non-Related)
$161,287
$413,236
+156%
Related-Party Receivables
-
-
-
Inventories
$408,453
$166,561
-59%
Prepaid Expenses
$46,692
$39,017
-16%
Investments
-
-
-
Property, Plant, & Equipment (net)
$535,524
$627,581
+17%
Other Assets
$1,000
$1,000
+0%
Total Assets
$1,174,071
$1,316,792
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$24,581
$22,360
-9%
Grants Payable
-
-
-
Deferred Revenue
$165,202
$373,348
+126%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$121,602
$190,050
+56%
Related-Party Payables
$585,618
$335,000
-43%
Other Liabilities
$6,019
$8,752
+45%
Total Liabilities
$903,022
$929,510
+3%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$271,049
$387,282
+43%
Net assets
2023
2024
Change
Net assets
+$271,049
+$387,282
+43%