Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,352,632
Cash & Equivalents
40%
Property, Plant, & Equipment (net)
26%
Receivables (Non-Related)
20%
Inventories
13%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$442,341
Payables & Accruals
93%
Deferred Revenue
7%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,870,506
$1,736,414
-7%
Receivables (Non-Related)
$707,008
$891,759
+26%
Related-Party Receivables
-
-
-
Inventories
$390,777
$552,078
+41%
Prepaid Expenses
$63,436
$30,731
-52%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,177,780
$1,141,650
-3%
Other Assets
-
-
-
Total Assets
$4,209,507
$4,352,632
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$535,951
$409,611
-24%
Grants Payable
-
-
-
Deferred Revenue
$32,730
$32,730
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$568,681
$442,341
-22%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$0
-
Unrestricted Net Assets
$3,640,826
$3,910,291
+7%
Net assets
2023
2024
Change
Net assets
+$3,640,826
+$3,910,291
+7%