Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$11,883,265
Cash & Equivalents
61%
Property, Plant, & Equipment (net)
20%
Other Assets
11%
Inventories
6%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,024,181
Other Liabilities
61%
Payables & Accruals
39%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,679,553
$7,201,848
+8%
Receivables (Non-Related)
$152,201
$179,491
+18%
Related-Party Receivables
-
-
-
Inventories
$744,583
$725,525
-3%
Prepaid Expenses
$30,655
$5,000
-84%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,433,563
$2,411,819
-1%
Other Assets
$1,359,582
$1,359,582
+0%
Total Assets
$11,400,137
$11,883,265
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$420,742
$398,477
-5%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$712,168
$625,704
-12%
Total Liabilities
$1,132,910
$1,024,181
-10%
Net assets
2023
2024
Change
Restricted Net Assets
$160,308
$161,738
+1%
Unrestricted Net Assets
$10,106,919
$10,697,346
+6%
Net assets
2023
2024
Change
Net assets
+$10,267,227
+$10,859,084
+6%