Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$19,219,577
Cash & Equivalents
48%
Property, Plant, & Equipment (net)
20%
Receivables (Non-Related)
16%
Other Assets
9%
Inventories
7%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,014,834
Other Liabilities
53%
Payables & Accruals
47%
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
$5,107,638
$9,267,990
+81%
Receivables (Non-Related)
$2,422,673
$3,017,934
+25%
Related-Party Receivables
$0
-
-
Inventories
$1,238,013
$1,330,220
+7%
Prepaid Expenses
$4,668
$28,585
+512%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,720,460
$3,928,220
+6%
Other Assets
$1,739,825
$1,646,628
-5%
Total Assets
$14,233,277
$19,219,577
+35%
Liabilities
2023
2024
Change
Payables & Accruals
$2,336,636
$2,806,561
+20%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$0
-
-
Other Liabilities
$447,543
$3,208,273
+617%
Total Liabilities
$2,784,179
$6,014,834
+116%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-
$13,204,743
-
Net assets
2023
2024
Change
Net assets
+$11,449,098
+$13,204,743
+15%