Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$9,806,507
Property, Plant, & Equipment (net)
62%
Cash & Equivalents
35%
Inventories
2%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$4,773,818
Notes Payable / Debt (Non-Related)
98%
Payables & Accruals
2%
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
$2,904,280
$3,435,089
+18%
Receivables (Non-Related)
$148,189
$7,899
-95%
Related-Party Receivables
$0
$0
-
Inventories
$197,337
$241,791
+23%
Prepaid Expenses
$31,204
$40,000
+28%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$2,353,185
$6,081,728
+158%
Other Assets
$0
$0
-
Total Assets
$5,634,195
$9,806,507
+74%
Liabilities
2023
2024
Change
Payables & Accruals
$86,891
$86,729
0%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,064,506
$4,687,089
+340%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,151,397
$4,773,818
+315%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$4,482,798
$5,032,689
+12%
Net assets
2023
2024
Change
Net assets
+$4,482,798
+$5,032,689
+12%