Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$1,579,353
Inventories
44%
Property, Plant, & Equipment (net)
35%
Receivables (Non-Related)
10%
Cash & Equivalents
9%
Prepaid Expenses
2%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,036,283
Notes Payable / Debt (Non-Related)
75%
Payables & Accruals
14%
Deferred Revenue
11%
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
$721,021
$145,663
-80%
Receivables (Non-Related)
$151,760
$153,762
+1%
Related-Party Receivables
-
-
-
Inventories
$583,763
$692,669
+19%
Prepaid Expenses
-
$29,543
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$484,958
$552,403
+14%
Other Assets
$5,313
$5,313
+0%
Total Assets
$1,946,815
$1,579,353
-19%
Liabilities
2023
2024
Change
Payables & Accruals
$567,943
$546,438
-4%
Grants Payable
-
-
-
Deferred Revenue
$536,071
$462,090
-14%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,294,640
$3,027,755
-8%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$4,398,654
$4,036,283
-8%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$2,451,839
-$2,456,930
0%
Net assets
2023
2024
Change
Net assets
-$2,451,839
-$2,456,930
0%