Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,926,442
Cash & Equivalents
74%
Inventories
17%
Property, Plant, & Equipment (net)
8%
Other Assets
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$360,187
Notes Payable / Debt (Non-Related)
69%
Payables & Accruals
21%
Other Liabilities
10%
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
$2,299,993
$3,640,126
+58%
Receivables (Non-Related)
$5,713
$1,012
-82%
Related-Party Receivables
$0
$0
-
Inventories
$565,853
$857,957
+52%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,384
$392,641
+28270%
Other Assets
$0
$34,706
-
Total Assets
$2,872,943
$4,926,442
+71%
Liabilities
2023
2024
Change
Payables & Accruals
$11,782
$76,137
+546%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$249,008
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$35,042
-
Total Liabilities
$11,782
$360,187
+2957%
Net assets
2023
2024
Change
Restricted Net Assets
-
$854,545
-
Unrestricted Net Assets
-
$3,711,710
-
Net assets
2023
2024
Change
Net assets
+$2,861,161
+$4,566,255
+60%