Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$18,827,792
Receivables (Non-Related)
34%
Cash & Equivalents
32%
Inventories
17%
Property, Plant, & Equipment (net)
16%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$3,854,812
Notes Payable / Debt (Non-Related)
78%
Payables & Accruals
21%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$3,466,110
$6,116,733
+76%
Receivables (Non-Related)
$5,777,535
$6,464,209
+12%
Related-Party Receivables
-
-
-
Inventories
$2,016,831
$3,176,314
+57%
Prepaid Expenses
$29,014
$31,871
+10%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$3,129,501
$3,038,665
-3%
Other Assets
-
-
-
Total Assets
$14,418,991
$18,827,792
+31%
Liabilities
2024
2025
Change
Payables & Accruals
$227,237
$809,791
+256%
Grants Payable
-
-
-
Deferred Revenue
$18,568
$31,000
+67%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,634,376
$3,014,021
+84%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,880,181
$3,854,812
+105%
Net assets
2024
2025
Change
Restricted Net Assets
$1,303,000
$1,841,526
+41%
Unrestricted Net Assets
$11,235,810
$13,131,454
+17%
Net assets
2024
2025
Change
Net assets
+$12,538,810
+$14,972,980
+19%