Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$11,044,330
Receivables (Non-Related)
70%
Property, Plant, & Equipment (net)
22%
Inventories
6%
Cash & Equivalents
1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$10,230,813
Notes Payable / Debt (Non-Related)
91%
Payables & Accruals
9%
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
$232,859
$137,049
-41%
Receivables (Non-Related)
$6,261,771
$7,747,226
+24%
Related-Party Receivables
$0
$0
-
Inventories
$822,651
$659,800
-20%
Prepaid Expenses
$50,000
$25,000
-50%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$3,144,762
$2,396,362
-24%
Other Assets
$559,043
$78,893
-86%
Total Assets
$11,071,086
$11,044,330
0%
Liabilities
2023
2024
Change
Payables & Accruals
$1,354,856
$943,140
-30%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$5,456,231
$9,287,673
+70%
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$6,811,087
$10,230,813
+50%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$0
-
Unrestricted Net Assets
$4,259,999
$813,517
-81%
Net assets
2023
2024
Change
Net assets
+$4,259,999
+$813,517
-81%