Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$1,808,146
Cash & Equivalents
63%
Property, Plant, & Equipment (net)
28%
Inventories
7%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$184,659
Payables & Accruals
77%
Related-Party Payables
21%
Other Liabilities
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,060,011
$1,139,670
-45%
Receivables (Non-Related)
-
$17,346
-
Related-Party Receivables
-
-
-
Inventories
$118,743
$119,796
+1%
Prepaid Expenses
$21,916
$26,225
+20%
Investments
-
-
-
Property, Plant, & Equipment (net)
$554,161
$505,109
-9%
Other Assets
-
-
-
Total Assets
$2,754,831
$1,808,146
-34%
Liabilities
2023
2024
Change
Payables & Accruals
$60,608
$142,980
+136%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$78,535
$38,817
-51%
Other Liabilities
$6,490
$2,862
-56%
Total Liabilities
$145,633
$184,659
+27%
Net assets
2023
2024
Change
Restricted Net Assets
$94,699
$146,820
+55%
Unrestricted Net Assets
$2,514,499
$1,476,667
-41%
Net assets
2023
2024
Change
Net assets
+$2,609,198
+$1,623,487
-38%