Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,020,351
Inventories
44%
Cash & Equivalents
32%
Receivables (Non-Related)
20%
Property, Plant, & Equipment (net)
2%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$241,495
Notes Payable / Debt (Non-Related)
62%
Payables & Accruals
24%
Deferred Revenue
14%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$122,875
$324,583
+164%
Receivables (Non-Related)
$761,745
$208,425
-73%
Related-Party Receivables
$0
$0
-
Inventories
$465,871
$452,946
-3%
Prepaid Expenses
$3,507
$4,566
+30%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$36,654
$23,856
-35%
Other Assets
$5,975
$5,975
+0%
Total Assets
$1,396,627
$1,020,351
-27%
Liabilities
2023
2024
Change
Payables & Accruals
$70,239
$58,751
-16%
Grants Payable
-
-
-
Deferred Revenue
$24,752
$32,744
+32%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$180,000
$150,000
-17%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$274,991
$241,495
-12%
Net assets
2023
2024
Change
Restricted Net Assets
$781,525
$407,511
-48%
Unrestricted Net Assets
$340,111
$371,345
+9%
Net assets
2023
2024
Change
Net assets
+$1,121,636
+$778,856
-31%