Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$20,520,254
Property, Plant, & Equipment (net)
68%
Receivables (Non-Related)
27%
Inventories
3%
Cash & Equivalents
2%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$9,179,660
Payables & Accruals
77%
Other Liabilities
11%
Deferred Revenue
7%
Notes Payable / Debt (Non-Related)
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$795,037
$384,365
-52%
Receivables (Non-Related)
$6,148,515
$5,578,552
-9%
Related-Party Receivables
-
-
-
Inventories
$829,642
$569,314
-31%
Prepaid Expenses
$48,610
$0
-100%
Investments
-
-
-
Property, Plant, & Equipment (net)
$15,120,230
$13,988,023
-7%
Other Assets
$527,251
$0
-100%
Total Assets
$23,469,285
$20,520,254
-13%
Liabilities
2023
2024
Change
Payables & Accruals
$5,769,616
$7,073,672
+23%
Grants Payable
-
-
-
Deferred Revenue
-
$600,000
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,171,813
$482,571
-78%
Related-Party Payables
-
-
-
Other Liabilities
$1,023,417
$1,023,417
+0%
Total Liabilities
$8,964,846
$9,179,660
+2%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$14,504,439
$11,340,594
-22%
Net assets
2023
2024
Change
Net assets
+$14,504,439
+$11,340,594
-22%