Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$9,330,992
Cash & Equivalents
45%
Receivables (Non-Related)
21%
Property, Plant, & Equipment (net)
20%
Inventories
7%
Other Assets
5%
Prepaid Expenses
2%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,776,470
Payables & Accruals
45%
Notes Payable / Debt (Non-Related)
29%
Other Liabilities
26%
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
$2,709,056
$4,195,415
+55%
Receivables (Non-Related)
$1,508,333
$1,988,937
+32%
Related-Party Receivables
-
-
-
Inventories
$454,557
$644,377
+42%
Prepaid Expenses
$163,211
$168,178
+3%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,698,187
$1,860,953
+10%
Other Assets
$132,583
$473,132
+257%
Total Assets
$6,665,927
$9,330,992
+40%
Liabilities
2023
2024
Change
Payables & Accruals
$581,695
$795,088
+37%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$546,463
$515,650
-6%
Related-Party Payables
-
-
-
Other Liabilities
$110,518
$465,732
+321%
Total Liabilities
$1,238,676
$1,776,470
+43%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$5,427,251
$7,554,522
+39%
Net assets
2023
2024
Change
Net assets
+$5,427,251
+$7,554,522
+39%