Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,231,059
Cash & Equivalents
43%
Other Assets
24%
Inventories
20%
Property, Plant, & Equipment (net)
13%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,114,503
Other Liabilities
69%
Payables & Accruals
31%
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
2023
2024
Change
Cash & Equivalents
$1,238,548
$1,374,549
+11%
Receivables (Non-Related)
$189
$205
+8%
Related-Party Receivables
-
-
-
Inventories
$312,534
$661,453
+112%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$284,953
$429,388
+51%
Other Assets
$853,634
$765,464
-10%
Total Assets
$2,689,858
$3,231,059
+20%
Liabilities
2023
2024
Change
Payables & Accruals
$141,855
$346,389
+144%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$282,540
$768,114
+172%
Total Liabilities
$424,395
$1,114,503
+163%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,265,463
$2,116,556
-7%
Net assets
2023
2024
Change
Net assets
+$2,265,463
+$2,116,556
-7%