Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$34,866,278
Property, Plant, & Equipment (net)
59%
Cash & Equivalents
24%
Receivables (Non-Related)
14%
Inventories
2%
Prepaid Expenses
1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$4,193,159
Payables & Accruals
61%
Other Liabilities
25%
Notes Payable / Debt (Non-Related)
13%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,853,309
$8,273,746
-7%
Receivables (Non-Related)
$4,083,595
$4,767,265
+17%
Related-Party Receivables
-
-
-
Inventories
$693,396
$807,231
+16%
Prepaid Expenses
$444,231
$403,982
-9%
Investments
-
-
-
Property, Plant, & Equipment (net)
$21,397,203
$20,614,054
-4%
Other Assets
-
-
-
Total Assets
$35,471,734
$34,866,278
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$2,932,076
$2,563,737
-13%
Grants Payable
-
-
-
Deferred Revenue
$141,188
$0
-100%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$585,460
$560,485
-4%
Related-Party Payables
-
-
-
Other Liabilities
-
$1,068,937
-
Total Liabilities
$3,658,724
$4,193,159
+15%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$31,813,010
+$30,673,119
-4%