Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$748,754
Other Assets
50%
Cash & Equivalents
33%
Inventories
14%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$380,777
Other Liabilities
98%
Payables & Accruals
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$231,228
$250,442
+8%
Receivables (Non-Related)
$44,667
$2,500
-94%
Related-Party Receivables
-
-
-
Inventories
$118,161
$107,702
-9%
Prepaid Expenses
$9,474
$11,184
+18%
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,662
$2,362
-73%
Other Assets
$88,648
$374,564
+323%
Total Assets
$500,840
$748,754
+49%
Liabilities
2023
2024
Change
Payables & Accruals
$16,896
$8,207
-51%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$97,717
$372,570
+281%
Total Liabilities
$114,613
$380,777
+232%
Net assets
2023
2024
Change
Restricted Net Assets
$90,000
$90,000
+0%
Unrestricted Net Assets
$296,227
$277,977
-6%
Net assets
2023
2024
Change
Net assets
+$386,227
+$367,977
-5%