Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,263,664
Property, Plant, & Equipment (net)
44%
Receivables (Non-Related)
40%
Inventories
14%
Prepaid Expenses
1%
Cash & Equivalents
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$4,241,782
Notes Payable / Debt (Non-Related)
50%
Other Liabilities
19%
Deferred Revenue
18%
Payables & Accruals
13%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
-$124,486
$5,032
-104%
Receivables (Non-Related)
$2,526,050
$2,532,820
+0%
Related-Party Receivables
-
-
-
Inventories
$857,795
$857,795
+0%
Prepaid Expenses
$89,695
$89,695
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,723,976
$2,778,322
+2%
Other Assets
-
-
-
Total Assets
$6,073,030
$6,263,664
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$441,461
$553,427
+25%
Grants Payable
-
-
-
Deferred Revenue
$747,115
$747,115
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,043,100
$2,119,638
-30%
Related-Party Payables
-
-
-
Other Liabilities
$338,151
$821,602
+143%
Total Liabilities
$4,569,827
$4,241,782
-7%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,503,203
$2,021,882
+35%
Net assets
2023
2024
Change
Net assets
+$1,503,203
+$2,021,882
+35%