Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$717,382
Cash & Equivalents
57%
Inventories
18%
Other Assets
13%
Property, Plant, & Equipment (net)
8%
Prepaid Expenses
3%
Receivables (Non-Related)
2%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$371,221
Related-Party Payables
43%
Notes Payable / Debt (Non-Related)
40%
Payables & Accruals
16%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$619,170
$405,927
-34%
Receivables (Non-Related)
$33,913
$12,198
-64%
Related-Party Receivables
-
-
-
Inventories
$141,172
$130,216
-8%
Prepaid Expenses
$13,284
$20,470
+54%
Investments
-
-
-
Property, Plant, & Equipment (net)
$66,657
$55,836
-16%
Other Assets
$134,723
$92,735
-31%
Total Assets
$1,008,919
$717,382
-29%
Liabilities
2023
2024
Change
Payables & Accruals
$227,682
$60,465
-73%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$150,000
$150,000
+0%
Related-Party Payables
$214,388
$160,756
-25%
Other Liabilities
-
-
-
Total Liabilities
$592,070
$371,221
-37%
Net assets
2023
2024
Change
Restricted Net Assets
$50,000
$50,000
+0%
Unrestricted Net Assets
$366,849
$296,161
-19%
Net assets
2023
2024
Change
Net assets
+$416,849
+$346,161
-17%