Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$2,697,414
Property, Plant, & Equipment (net)
54%
Cash & Equivalents
37%
Inventories
4%
Receivables (Non-Related)
3%
Other Assets
2%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$409,350
Notes Payable / Debt (Non-Related)
91%
Payables & Accruals
8%
Other Liabilities
1%
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
$1,151,635
$1,002,729
-13%
Receivables (Non-Related)
$34,800
$83,000
+139%
Related-Party Receivables
-
-
-
Inventories
$88,727
$101,427
+14%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,549,259
$1,464,365
-5%
Other Assets
$94,031
$45,893
-51%
Total Assets
$2,918,452
$2,697,414
-8%
Liabilities
2023
2024
Change
Payables & Accruals
$89,251
$31,450
-65%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$452,634
$372,400
-18%
Related-Party Payables
-
-
-
Other Liabilities
$7,500
$5,500
-27%
Total Liabilities
$549,385
$409,350
-25%
Net assets
2023
2024
Change
Restricted Net Assets
$78,613
$248,445
+216%
Unrestricted Net Assets
$2,290,454
$2,039,619
-11%
Net assets
2023
2024
Change
Net assets
+$2,369,067
+$2,288,064
-3%