Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,980,432
Other Assets
35%
Inventories
30%
Property, Plant, & Equipment (net)
18%
Receivables (Non-Related)
8%
Cash & Equivalents
8%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$729,010
Other Liabilities
95%
Payables & Accruals
5%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$161,776
$156,777
-3%
Receivables (Non-Related)
-
$167,250
-
Related-Party Receivables
-
-
-
Inventories
$18,170
$594,579
+3172%
Prepaid Expenses
-
$15,868
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$530,539
$355,202
-33%
Other Assets
-
$690,756
-
Total Assets
$710,485
$1,980,432
+179%
Liabilities
2023
2024
Change
Payables & Accruals
$2,998
$38,632
+1189%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$196,090
$690,378
+252%
Total Liabilities
$199,088
$729,010
+266%
Net assets
2023
2024
Change
Restricted Net Assets
$35,600
$96,600
+171%
Unrestricted Net Assets
$475,797
$1,154,822
+143%
Net assets
2023
2024
Change
Net assets
+$511,397
+$1,251,422
+145%