Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$3,003,355
Property, Plant, & Equipment (net)
38%
Receivables (Non-Related)
32%
Inventories
16%
Other Assets
11%
Cash & Equivalents
3%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,675,258
Notes Payable / Debt (Non-Related)
79%
Other Liabilities
11%
Payables & Accruals
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
$409,229
$101,739
-75%
Receivables (Non-Related)
$948,227
$948,863
+0%
Related-Party Receivables
-
-
-
Inventories
$405,375
$480,397
+19%
Prepaid Expenses
$10,000
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$655,533
$1,144,271
+75%
Other Assets
-
$328,085
-
Total Assets
$2,428,364
$3,003,355
+24%
Liabilities
2023
2024
Change
Payables & Accruals
$40,515
$159,744
+294%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$565,499
$1,331,505
+135%
Related-Party Payables
-
-
-
Other Liabilities
$137,058
$184,009
+34%
Total Liabilities
$743,072
$1,675,258
+125%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$33,166
-
Unrestricted Net Assets
$1,685,292
$1,294,931
-23%
Net assets
2023
2024
Change
Net assets
+$1,685,292
+$1,328,097
-21%