Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$6,326,020
Property, Plant, & Equipment (net)
71%
Inventories
25%
Cash & Equivalents
2%
Receivables (Non-Related)
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,932,821
Notes Payable / Debt (Non-Related)
98%
Other Liabilities
1%
Payables & Accruals
<1%
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
$871,508
$149,060
-83%
Receivables (Non-Related)
$46,845
$44,850
-4%
Related-Party Receivables
-
-
-
Inventories
$564,369
$1,603,924
+184%
Prepaid Expenses
-
$900
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,863,701
$4,499,616
-7%
Other Assets
$32,275
$27,670
-14%
Total Assets
$6,378,698
$6,326,020
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$638,500
$13,910
-98%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,896,089
$1,898,002
+0%
Related-Party Payables
-
-
-
Other Liabilities
$9,934
$20,909
+110%
Total Liabilities
$2,544,523
$1,932,821
-24%
Net assets
2023
2024
Change
Restricted Net Assets
$375,123
-
-
Unrestricted Net Assets
$3,459,052
$4,393,199
+27%
Net assets
2023
2024
Change
Net assets
+$3,834,175
+$4,393,199
+15%