Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$21,415,110
Property, Plant, & Equipment (net)
30%
Receivables (Non-Related)
22%
Other Assets
18%
Cash & Equivalents
13%
Inventories
11%
Prepaid Expenses
6%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$7,167,592
Payables & Accruals
64%
Other Liabilities
21%
Notes Payable / Debt (Non-Related)
15%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,960,209
$2,747,829
-61%
Receivables (Non-Related)
$5,231,986
$4,767,515
-9%
Related-Party Receivables
$0
$0
-
Inventories
$1,540,071
$2,434,792
+58%
Prepaid Expenses
$460,318
$1,215,922
+164%
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,034,527
$6,377,984
+58%
Other Assets
$1,784,798
$3,871,068
+117%
Total Assets
$20,011,909
$21,415,110
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$3,393,042
$4,568,177
+35%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$433,605
$1,067,209
+146%
Related-Party Payables
$0
$0
-
Other Liabilities
$1,046,240
$1,532,206
+46%
Total Liabilities
$4,872,887
$7,167,592
+47%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$15,139,022
$14,247,518
-6%
Net assets
2023
2024
Change
Net assets
+$15,139,022
+$14,247,518
-6%