Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$7,929,928
Cash & Equivalents
55%
Property, Plant, & Equipment (net)
37%
Prepaid Expenses
5%
Receivables (Non-Related)
2%
Inventories
1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$635,867
Payables & Accruals
98%
Deferred Revenue
2%
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
$2,027,553
$4,353,735
+115%
Receivables (Non-Related)
$204,152
$146,673
-28%
Related-Party Receivables
-
-
-
Inventories
$77,699
$112,018
+44%
Prepaid Expenses
$418,578
$374,509
-11%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,539,870
$2,942,993
+16%
Other Assets
-
-
-
Total Assets
$5,267,852
$7,929,928
+51%
Liabilities
2023
2024
Change
Payables & Accruals
$603,645
$622,525
+3%
Grants Payable
-
-
-
Deferred Revenue
$32,952
$13,342
-60%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$150,000
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$786,597
$635,867
-19%
Net assets
2023
2024
Change
Restricted Net Assets
$862,441
$5,047,889
+485%
Unrestricted Net Assets
$3,618,814
$2,246,172
-38%
Net assets
2023
2024
Change
Net assets
+$4,481,255
+$7,294,061
+63%