Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$6,590,718
Cash & Equivalents
43%
Receivables (Non-Related)
31%
Property, Plant, & Equipment (net)
15%
Inventories
10%
Prepaid Expenses
2%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$4,112,772
Notes Payable / Debt (Non-Related)
53%
Payables & Accruals
34%
Deferred Revenue
13%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,139,230
$2,801,874
+31%
Receivables (Non-Related)
$2,003,957
$2,037,768
+2%
Related-Party Receivables
-
-
-
Inventories
$595,631
$667,030
+12%
Prepaid Expenses
$151,555
$113,046
-25%
Investments
-
-
-
Property, Plant, & Equipment (net)
$971,000
$971,000
+0%
Other Assets
-
-
-
Total Assets
$5,861,373
$6,590,718
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$1,263,320
$1,394,841
+10%
Grants Payable
-
-
-
Deferred Revenue
$520,320
$547,926
+5%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,016,057
$2,170,005
-28%
Related-Party Payables
-
-
-
Other Liabilities
$818,250
$0
-100%
Total Liabilities
$5,617,947
$4,112,772
-27%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$243,426
$2,477,946
+918%
Net assets
2023
2024
Change
Net assets
+$243,426
+$2,477,946
+918%