Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$29,520,857
Inventories
64%
Receivables (Non-Related)
23%
Cash & Equivalents
11%
Other Assets
<1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,954,881
Notes Payable / Debt (Non-Related)
57%
Payables & Accruals
34%
Other Liabilities
6%
Custodial & Escrow Liabilities
3%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,256,044
$3,360,328
-46%
Receivables (Non-Related)
$7,375,103
$6,775,308
-8%
Related-Party Receivables
-
-
-
Inventories
$16,366,133
$18,883,054
+15%
Prepaid Expenses
$7,908
$1,466
-81%
Investments
-
-
-
Property, Plant, & Equipment (net)
$151,990
$207,177
+36%
Other Assets
$355,760
$293,524
-17%
Total Assets
$30,512,938
$29,520,857
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$1,391,172
$1,699,421
+22%
Grants Payable
-
-
-
Deferred Revenue
$29,933
$29,933
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$131,081
$127,517
-3%
Notes Payable / Debt (Non-Related)
$3,673,190
$2,809,309
-24%
Related-Party Payables
-
-
-
Other Liabilities
$347,810
$288,701
-17%
Total Liabilities
$5,573,186
$4,954,881
-11%
Net assets
2023
2024
Change
Restricted Net Assets
$2,846,262
$96,895
-97%
Unrestricted Net Assets
$22,093,490
$24,469,081
+11%
Net assets
2023
2024
Change
Net assets
+$24,939,752
+$24,565,976
-1%