Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$13,669,410
Cash & Equivalents
58%
Property, Plant, & Equipment (net)
19%
Receivables (Non-Related)
11%
Other Assets
8%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,023,507
Other Liabilities
40%
Payables & Accruals
37%
Tax-Exempt Bond Liabilities
23%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,650,838
$7,985,255
-8%
Receivables (Non-Related)
$922,608
$1,547,695
+68%
Related-Party Receivables
-
-
-
Inventories
$206,895
$301,748
+46%
Prepaid Expenses
$187,562
$63,619
-66%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,662,187
$2,642,533
-1%
Other Assets
$1,478,590
$1,128,560
-24%
Total Assets
$14,108,680
$13,669,410
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$963,675
$1,121,918
+16%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$747,365
$683,808
-9%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$50,513
$20,544
-59%
Related-Party Payables
-
-
-
Other Liabilities
$1,568,839
$1,197,237
-24%
Total Liabilities
$3,330,392
$3,023,507
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$880,315
$939,831
+7%
Unrestricted Net Assets
$9,897,973
$9,706,072
-2%
Net assets
2023
2024
Change
Net assets
+$10,778,288
+$10,645,903
-1%