Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$14,213,751
Property, Plant, & Equipment (net)
59%
Receivables (Non-Related)
20%
Other Assets
7%
Inventories
6%
Cash & Equivalents
4%
Investments
2%
Prepaid Expenses
2%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$9,042,633
Notes Payable / Debt (Non-Related)
65%
Payables & Accruals
35%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,543,103
$631,478
-59%
Receivables (Non-Related)
$2,698,051
$2,825,616
+5%
Related-Party Receivables
-
-
-
Inventories
$859,031
$875,528
+2%
Prepaid Expenses
$514,423
$232,788
-55%
Investments
$127,410
$303,679
+138%
Property, Plant, & Equipment (net)
$8,653,684
$8,411,920
-3%
Other Assets
$1,644,624
$932,742
-43%
Total Assets
$16,040,326
$14,213,751
-11%
Liabilities
2023
2024
Change
Payables & Accruals
$1,321,098
$3,178,830
+141%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,706,585
$5,863,803
+3%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$7,027,683
$9,042,633
+29%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$9,012,643
$5,171,118
-43%
Net assets
2023
2024
Change
Net assets
+$9,012,643
+$5,171,118
-43%