Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$33,488,420
Property, Plant, & Equipment (net)
76%
Cash & Equivalents
13%
Receivables (Non-Related)
5%
Inventories
3%
Other Assets
2%
Prepaid Expenses
1%
Related-Party Receivables
<1%
Investments
0%
Liabilities in 2024 (Year End)
$5,829,946
Notes Payable / Debt (Non-Related)
63%
Payables & Accruals
24%
Other Liabilities
12%
Deferred Revenue
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,044,617
$4,201,034
+38%
Receivables (Non-Related)
$1,427,752
$1,596,309
+12%
Related-Party Receivables
$20,000
$100,000
+400%
Inventories
$792,934
$982,343
+24%
Prepaid Expenses
$77,792
$374,950
+382%
Investments
-
-
-
Property, Plant, & Equipment (net)
$27,767,529
$25,514,428
-8%
Other Assets
$2,073,848
$719,356
-65%
Total Assets
$35,204,472
$33,488,420
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$1,284,706
$1,415,380
+10%
Grants Payable
-
-
-
Deferred Revenue
$51,075
$66,155
+30%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$12,783,692
$3,646,954
-71%
Related-Party Payables
-
-
-
Other Liabilities
$514,758
$701,457
+36%
Total Liabilities
$14,634,231
$5,829,946
-60%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$20,570,241
$27,658,474
+34%
Net assets
2023
2024
Change
Net assets
+$20,570,241
+$27,658,474
+34%