Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$2,972,347
Cash & Equivalents
77%
Property, Plant, & Equipment (net)
21%
Inventories
2%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$131,444
Related-Party Payables
91%
Payables & Accruals
9%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$867,953
$2,299,142
+165%
Receivables (Non-Related)
$195,021
$1,713
-99%
Related-Party Receivables
-
-
-
Inventories
$23,799
$47,087
+98%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$577,750
$624,405
+8%
Other Assets
-
-
-
Total Assets
$1,664,523
$2,972,347
+79%
Liabilities
2023
2024
Change
Payables & Accruals
$58,632
$11,444
-80%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$118,018
$120,000
+2%
Other Liabilities
-
-
-
Total Liabilities
$176,650
$131,444
-26%
Net assets
2023
2024
Change
Restricted Net Assets
$686,001
$958,613
+40%
Unrestricted Net Assets
$801,872
$1,882,290
+135%
Net assets
2023
2024
Change
Net assets
+$1,487,873
+$2,840,903
+91%