Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$12,477,763
Property, Plant, & Equipment (net)
60%
Inventories
24%
Investments
7%
Receivables (Non-Related)
5%
Cash & Equivalents
5%
Related-Party Receivables
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,926,013
Other Liabilities
88%
Payables & Accruals
6%
Notes Payable / Debt (Non-Related)
6%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$900,063
$573,553
-36%
Receivables (Non-Related)
$62,752
$612,630
+876%
Related-Party Receivables
$0
$0
-
Inventories
$3,133,492
$2,956,191
-6%
Prepaid Expenses
$0
$0
-
Investments
$934,302
$826,066
-12%
Property, Plant, & Equipment (net)
$7,103,401
$7,509,323
+6%
Other Assets
$0
$0
-
Total Assets
$12,134,010
$12,477,763
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$79,728
$120,460
+51%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$363,518
$115,525
-68%
Related-Party Payables
-
-
-
Other Liabilities
$1,670,751
$1,690,028
+1%
Total Liabilities
$2,113,997
$1,926,013
-9%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$10,020,013
$10,551,750
+5%
Net assets
2023
2024
Change
Net assets
+$10,020,013
+$10,551,750
+5%