Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$13,090,430
Other Assets
40%
Receivables (Non-Related)
38%
Cash & Equivalents
10%
Inventories
7%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$30,828
Payables & Accruals
90%
Other Liabilities
10%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,583,241
$1,357,272
-62%
Receivables (Non-Related)
$4,987,340
$4,982,603
0%
Related-Party Receivables
-
-
-
Inventories
$807,409
$948,639
+17%
Prepaid Expenses
$128,757
$58,490
-55%
Investments
-
-
-
Property, Plant, & Equipment (net)
$152,382
$512,446
+236%
Other Assets
$2,362,745
$5,230,980
+121%
Total Assets
$12,021,874
$13,090,430
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$9,315
$27,828
+199%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$0
$3,000
-
Total Liabilities
$9,315
$30,828
+231%
Net assets
2023
2024
Change
Restricted Net Assets
$2,639,742
$5,302,198
+101%
Unrestricted Net Assets
$9,372,817
$7,757,404
-17%
Net assets
2023
2024
Change
Net assets
+$12,012,559
+$13,059,602
+9%