Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$106,572
Cash & Equivalents
50%
Inventories
37%
Receivables (Non-Related)
12%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$80,164
Payables & Accruals
65%
Deferred Revenue
32%
Related-Party Payables
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$184,775
$53,619
-71%
Receivables (Non-Related)
$103,342
$12,269
-88%
Related-Party Receivables
$0
-
-
Inventories
$84,440
$39,875
-53%
Prepaid Expenses
-
$809
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$943
$0
-100%
Other Assets
-
-
-
Total Assets
$373,500
$106,572
-71%
Liabilities
2023
2024
Change
Payables & Accruals
$45,825
$52,306
+14%
Grants Payable
-
-
-
Deferred Revenue
$200,000
$25,608
-87%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$22,250
$2,250
-90%
Other Liabilities
-
-
-
Total Liabilities
$268,075
$80,164
-70%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$105,425
$26,408
-75%
Net assets
2023
2024
Change
Net assets
+$105,425
+$26,408
-75%