Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$20,283,257
Property, Plant, & Equipment (net)
47%
Receivables (Non-Related)
28%
Prepaid Expenses
11%
Other Assets
9%
Inventories
2%
Cash & Equivalents
2%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$14,196,428
Payables & Accruals
87%
Other Liabilities
13%
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
$550
$373,960
+67893%
Receivables (Non-Related)
$5,021,042
$5,760,086
+15%
Related-Party Receivables
-
-
-
Inventories
$407,817
$499,628
+23%
Prepaid Expenses
$750,702
$2,314,333
+208%
Investments
-
-
-
Property, Plant, & Equipment (net)
$10,276,450
$9,528,452
-7%
Other Assets
$3,017,812
$1,806,798
-40%
Total Assets
$19,474,373
$20,283,257
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$13,472,814
$12,380,486
-8%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$3,026,786
$1,815,942
-40%
Total Liabilities
$16,499,600
$14,196,428
-14%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,974,773
$6,086,829
+105%
Net assets
2023
2024
Change
Net assets
+$2,974,773
+$6,086,829
+105%