Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$14,365,587
Receivables (Non-Related)
68%
Inventories
13%
Cash & Equivalents
10%
Other Assets
3%
Investments
3%
Property, Plant, & Equipment (net)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$1,497,067
Notes Payable / Debt (Non-Related)
48%
Other Liabilities
23%
Custodial & Escrow Liabilities
16%
Payables & Accruals
9%
Deferred Revenue
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,417,493
$1,401,983
-42%
Receivables (Non-Related)
$7,817,908
$9,791,586
+25%
Related-Party Receivables
-
-
-
Inventories
$819,291
$1,900,166
+132%
Prepaid Expenses
$6,726
$59,675
+787%
Investments
$132,416
$461,183
+248%
Property, Plant, & Equipment (net)
$284,488
$265,917
-7%
Other Assets
$678,033
$485,077
-28%
Total Assets
$12,156,355
$14,365,587
+18%
Liabilities
2023
2024
Change
Payables & Accruals
$90,877
$138,782
+53%
Grants Payable
-
-
-
Deferred Revenue
$271,600
$64,087
-76%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$218,877
$232,412
+6%
Notes Payable / Debt (Non-Related)
$856,801
$721,711
-16%
Related-Party Payables
-
-
-
Other Liabilities
$458,362
$340,075
-26%
Total Liabilities
$1,896,517
$1,497,067
-21%
Net assets
2023
2024
Change
Restricted Net Assets
$272,762
$1,943,592
+613%
Unrestricted Net Assets
$9,987,076
$10,924,928
+9%
Net assets
2023
2024
Change
Net assets
+$10,259,838
+$12,868,520
+25%