Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$6,669,528
Property, Plant, & Equipment (net)
70%
Inventories
13%
Cash & Equivalents
10%
Other Assets
7%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,282,989
Notes Payable / Debt (Non-Related)
72%
Related-Party Payables
16%
Payables & Accruals
12%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$508,796
$653,433
+28%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
$854,093
$857,500
+0%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,446,686
$4,663,204
+5%
Other Assets
$501,106
$495,391
-1%
Total Assets
$6,310,681
$6,669,528
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$76,511
$151,353
+98%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,046,099
$919,015
-12%
Related-Party Payables
$235,351
$209,416
-11%
Other Liabilities
$3,074
$3,205
+4%
Total Liabilities
$1,361,035
$1,282,989
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$140,368
$151,597
+8%
Unrestricted Net Assets
$4,809,278
$5,234,942
+9%
Net assets
2023
2024
Change
Net assets
+$4,949,646
+$5,386,539
+9%