Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,301,352
Inventories
52%
Cash & Equivalents
34%
Property, Plant, & Equipment (net)
13%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$575,364
Deferred Revenue
82%
Payables & Accruals
18%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,997,095
$1,783,255
-11%
Receivables (Non-Related)
$96,668
$67,000
-31%
Related-Party Receivables
-
-
-
Inventories
$835,900
$2,751,311
+229%
Prepaid Expenses
$17,825
$12,692
-29%
Investments
-
-
-
Property, Plant, & Equipment (net)
$680,356
$687,094
+1%
Other Assets
-
-
-
Total Assets
$3,627,844
$5,301,352
+46%
Liabilities
2023
2024
Change
Payables & Accruals
$107,333
$103,652
-3%
Grants Payable
-
-
-
Deferred Revenue
$761,863
$471,712
-38%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$869,196
$575,364
-34%
Net assets
2023
2024
Change
Restricted Net Assets
$238,798
$246,780
+3%
Unrestricted Net Assets
$2,519,850
$4,479,208
+78%
Net assets
2023
2024
Change
Net assets
+$2,758,648
+$4,725,988
+71%