Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$8,012,624
Cash & Equivalents
61%
Inventories
21%
Other Assets
9%
Receivables (Non-Related)
3%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
3%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$2,257,888
Payables & Accruals
88%
Other Liabilities
12%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$5,430,560
$4,848,963
-11%
Receivables (Non-Related)
$945,222
$266,738
-72%
Related-Party Receivables
-
-
-
Inventories
$2,947,008
$1,688,073
-43%
Prepaid Expenses
$324,976
$217,108
-33%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,164,611
$248,468
-79%
Other Assets
$3,120,105
$743,274
-76%
Total Assets
$13,932,482
$8,012,624
-42%
Liabilities
2024
2025
Change
Payables & Accruals
$877,450
$1,987,306
+126%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,901,989
-
-
Related-Party Payables
$25,000
-
-
Other Liabilities
$1,115,153
$270,582
-76%
Total Liabilities
$4,919,592
$2,257,888
-54%
Net assets
2024
2025
Change
Restricted Net Assets
$770,657
$777,457
+1%
Unrestricted Net Assets
$8,242,233
$4,977,279
-40%
Net assets
2024
2025
Change
Net assets
+$9,012,890
+$5,754,736
-36%