Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$31,249,571
Other Assets
47%
Inventories
33%
Receivables (Non-Related)
8%
Property, Plant, & Equipment (net)
6%
Cash & Equivalents
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$13,762,265
Notes Payable / Debt (Non-Related)
84%
Other Liabilities
8%
Payables & Accruals
8%
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
$1,578,221
$1,668,832
+6%
Receivables (Non-Related)
$4,676,692
$2,367,192
-49%
Related-Party Receivables
$0
$0
-
Inventories
$9,415,796
$10,317,301
+10%
Prepaid Expenses
$209,399
$185,660
-11%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$2,170,877
$2,022,830
-7%
Other Assets
$5,208,245
$14,687,756
+182%
Total Assets
$23,259,230
$31,249,571
+34%
Liabilities
2023
2024
Change
Payables & Accruals
$777,792
$1,095,122
+41%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$10,589,947
$11,533,091
+9%
Related-Party Payables
-
-
-
Other Liabilities
$1,077,194
$1,134,052
+5%
Total Liabilities
$12,444,933
$13,762,265
+11%
Net assets
2023
2024
Change
Restricted Net Assets
$15,000
$7,515,314
+50002%
Unrestricted Net Assets
$10,799,297
$9,971,992
-8%
Net assets
2023
2024
Change
Net assets
+$10,814,297
+$17,487,306
+62%