Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$37,984,231
Property, Plant, & Equipment (net)
52%
Investments
16%
Inventories
14%
Cash & Equivalents
12%
Receivables (Non-Related)
6%
Related-Party Receivables
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Liabilities in 2024 (Year End)
$9,596,457
Notes Payable / Debt (Non-Related)
89%
Payables & Accruals
9%
Related-Party Payables
1%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,622,414
$4,436,326
+22%
Receivables (Non-Related)
$2,404,869
$2,375,268
-1%
Related-Party Receivables
$72,030
$50,031
-31%
Inventories
$4,107,587
$5,262,633
+28%
Prepaid Expenses
$6,682
$28,670
+329%
Investments
$5,783,785
$6,083,571
+5%
Property, Plant, & Equipment (net)
$17,962,973
$19,713,732
+10%
Other Assets
$34,000
$34,000
+0%
Total Assets
$33,994,340
$37,984,231
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$663,144
$821,666
+24%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,730,567
$8,574,316
+11%
Related-Party Payables
$217,638
$125,475
-42%
Other Liabilities
$75,000
$75,000
+0%
Total Liabilities
$8,686,349
$9,596,457
+10%
Net assets
2023
2024
Change
Restricted Net Assets
$75,386
$75,386
+0%
Unrestricted Net Assets
$25,232,605
$28,312,388
+12%
Net assets
2023
2024
Change
Net assets
+$25,307,991
+$28,387,774
+12%