Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$18,969,120
Property, Plant, & Equipment (net)
82%
Inventories
9%
Other Assets
6%
Prepaid Expenses
2%
Cash & Equivalents
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$15,543,416
Other Liabilities
73%
Notes Payable / Debt (Non-Related)
18%
Payables & Accruals
9%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$928,291
$93,698
-90%
Receivables (Non-Related)
$157,604
$26,429
-83%
Related-Party Receivables
-
-
-
Inventories
$1,919,967
$1,784,658
-7%
Prepaid Expenses
$115,227
$417,168
+262%
Investments
-
-
-
Property, Plant, & Equipment (net)
$13,557,619
$15,554,301
+15%
Other Assets
-
$1,092,866
-
Total Assets
$16,678,708
$18,969,120
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$429,715
$1,399,281
+226%
Grants Payable
-
-
-
Deferred Revenue
$2,226
$9,305
+318%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,357,506
$2,862,944
-15%
Related-Party Payables
-
-
-
Other Liabilities
$9,463,557
$11,271,886
+19%
Total Liabilities
$13,253,004
$15,543,416
+17%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,425,704
$3,425,704
+0%
Net assets
2023
2024
Change
Net assets
+$3,425,704
+$3,425,704
+0%