Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$18,575,791
Cash & Equivalents
43%
Other Assets
19%
Property, Plant, & Equipment (net)
18%
Receivables (Non-Related)
18%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,664,159
Other Liabilities
54%
Payables & Accruals
34%
Notes Payable / Debt (Non-Related)
10%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,417,062
$8,051,420
-4%
Receivables (Non-Related)
$3,036,506
$3,295,380
+9%
Related-Party Receivables
$0
$0
-
Inventories
$165,335
$110,706
-33%
Prepaid Expenses
$130,997
$130,801
0%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$3,448,677
$3,407,512
-1%
Other Assets
$4,190,074
$3,579,972
-15%
Total Assets
$19,388,651
$18,575,791
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$1,996,693
$2,278,592
+14%
Grants Payable
-
-
-
Deferred Revenue
$90,306
$109,600
+21%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$919,389
$652,072
-29%
Related-Party Payables
-
-
-
Other Liabilities
$4,194,223
$3,623,895
-14%
Total Liabilities
$7,200,611
$6,664,159
-7%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$12,188,040
$11,911,632
-2%
Net assets
2023
2024
Change
Net assets
+$12,188,040
+$11,911,632
-2%