Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$3,769,940
Inventories
42%
Receivables (Non-Related)
21%
Property, Plant, & Equipment (net)
11%
Other Assets
10%
Cash & Equivalents
9%
Prepaid Expenses
7%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,403,652
Other Liabilities
45%
Notes Payable / Debt (Non-Related)
20%
Payables & Accruals
19%
Deferred Revenue
16%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,179,993
$330,474
-72%
Receivables (Non-Related)
$1,164,712
$789,375
-32%
Related-Party Receivables
-
-
-
Inventories
$1,339,810
$1,590,432
+19%
Prepaid Expenses
$251,472
$256,724
+2%
Investments
-
-
-
Property, Plant, & Equipment (net)
$111,629
$410,876
+268%
Other Assets
$491,736
$392,059
-20%
Total Assets
$4,539,352
$3,769,940
-17%
Liabilities
2023
2024
Change
Payables & Accruals
$333,797
$447,869
+34%
Grants Payable
-
-
-
Deferred Revenue
$747,616
$381,738
-49%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$492,891
$480,435
-3%
Related-Party Payables
-
-
-
Other Liabilities
$1,376,779
$1,093,610
-21%
Total Liabilities
$2,951,083
$2,403,652
-19%
Net assets
2023
2024
Change
Restricted Net Assets
$17,100
$24,704
+44%
Unrestricted Net Assets
$1,571,169
$1,341,584
-15%
Net assets
2023
2024
Change
Net assets
+$1,588,269
+$1,366,288
-14%