Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$13,743,445
Receivables (Non-Related)
34%
Property, Plant, & Equipment (net)
20%
Investments
15%
Cash & Equivalents
15%
Inventories
11%
Other Assets
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$4,172,006
Notes Payable / Debt (Non-Related)
79%
Other Liabilities
11%
Payables & Accruals
10%
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
$938,712
$2,010,177
+114%
Receivables (Non-Related)
$5,146,453
$4,668,304
-9%
Related-Party Receivables
-
-
-
Inventories
$3,371,826
$1,480,296
-56%
Prepaid Expenses
$60
$6,879
+11365%
Investments
$2,883,217
$2,083,722
-28%
Property, Plant, & Equipment (net)
$2,862,514
$2,741,766
-4%
Other Assets
$802,619
$752,301
-6%
Total Assets
$16,005,401
$13,743,445
-14%
Liabilities
2023
2024
Change
Payables & Accruals
$333,680
$401,002
+20%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,967,953
$3,307,794
+11%
Related-Party Payables
-
-
-
Other Liabilities
$535,667
$463,210
-14%
Total Liabilities
$3,837,300
$4,172,006
+9%
Net assets
2023
2024
Change
Restricted Net Assets
$1,456,378
$674,435
-54%
Unrestricted Net Assets
$10,711,723
$8,897,004
-17%
Net assets
2023
2024
Change
Net assets
+$12,168,101
+$9,571,439
-21%