Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$31,243,426
Inventories
61%
Property, Plant, & Equipment (net)
26%
Other Assets
11%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$9,664,292
Notes Payable / Debt (Non-Related)
57%
Other Liabilities
40%
Payables & Accruals
3%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$661,025
$652,669
-1%
Receivables (Non-Related)
$104
$52
-50%
Related-Party Receivables
-
-
-
Inventories
$21,119,149
$19,046,873
-10%
Prepaid Expenses
$12,055
$2,096
-83%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,615,868
$8,260,081
+25%
Other Assets
$1,844,215
$3,281,655
+78%
Total Assets
$30,252,416
$31,243,426
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$318,026
$278,733
-12%
Grants Payable
-
-
-
Deferred Revenue
$29,325
$22,850
-22%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,590,007
$5,475,283
+19%
Related-Party Payables
-
-
-
Other Liabilities
$2,410,801
$3,887,426
+61%
Total Liabilities
$7,348,159
$9,664,292
+32%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$22,904,257
$21,579,134
-6%
Net assets
2023
2024
Change
Net assets
+$22,904,257
+$21,579,134
-6%