Balance Sheet

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Assets in 2024 (Year End)
$5,411,211
Property, Plant, & Equipment (net)
39%
Other Assets
38%
Related-Party Receivables
9%
Investments
6%
Receivables (Non-Related)
3%
Inventories
2%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Liabilities in 2024 (Year End)
$4,219,606
Related-Party Payables
63%
Notes Payable / Debt (Non-Related)
29%
Payables & Accruals
8%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$842,677
$110,783
-87%
Receivables (Non-Related)
$157,371
$164,166
+4%
Related-Party Receivables
$568,180
$511,489
-10%
Inventories
$97,609
$126,733
+30%
Prepaid Expenses
$48,022
$17,394
-64%
Investments
$418,539
$328,048
-22%
Property, Plant, & Equipment (net)
$2,264,228
$2,086,270
-8%
Other Assets
$2,069,154
$2,066,328
0%
Total Assets
$6,465,780
$5,411,211
-16%
Liabilities
2023
2024
Change
Payables & Accruals
$238,230
$347,304
+46%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,375,273
$1,233,512
-10%
Related-Party Payables
$2,603,739
$2,638,790
+1%
Other Liabilities
-
-
-
Total Liabilities
$4,217,242
$4,219,606
+0%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,248,538
$1,191,605
-47%
Net assets
2023
2024
Change
Net assets
+$2,248,538
+$1,191,605
-47%