Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$6,145,855
Other Assets
30%
Inventories
24%
Cash & Equivalents
21%
Investments
12%
Receivables (Non-Related)
6%
Property, Plant, & Equipment (net)
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$2,118,811
Other Liabilities
85%
Payables & Accruals
11%
Deferred Revenue
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$848,068
$1,320,536
+56%
Receivables (Non-Related)
$900,924
$352,247
-61%
Related-Party Receivables
$0
$0
-
Inventories
$4,046,023
$1,498,242
-63%
Prepaid Expenses
$65,555
$55,836
-15%
Investments
$467,231
$750,271
+61%
Property, Plant, & Equipment (net)
$446,038
$325,969
-27%
Other Assets
$2,011,184
$1,842,754
-8%
Total Assets
$8,785,023
$6,145,855
-30%
Liabilities
2023
2024
Change
Payables & Accruals
$176,775
$224,385
+27%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$83,262
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$1,953,052
$1,811,164
-7%
Total Liabilities
$2,129,827
$2,118,811
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$300,000
$100,000
-67%
Unrestricted Net Assets
$6,355,196
$3,927,044
-38%
Net assets
2023
2024
Change
Net assets
+$6,655,196
+$4,027,044
-39%