Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$589,625
Inventories
51%
Receivables (Non-Related)
33%
Cash & Equivalents
11%
Property, Plant, & Equipment (net)
6%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$569,447
Notes Payable / Debt (Non-Related)
51%
Payables & Accruals
49%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$39,121
$65,464
+67%
Receivables (Non-Related)
$159,661
$192,441
+21%
Related-Party Receivables
-
-
-
Inventories
$200,000
$299,000
+50%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$18,302
$32,720
+79%
Other Assets
-
-
-
Total Assets
$417,084
$589,625
+41%
Liabilities
2023
2024
Change
Payables & Accruals
$219,780
$281,000
+28%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$211,394
$288,447
+36%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$431,174
$569,447
+32%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$14,090
$20,178
-243%
Net assets
2023
2024
Change
Net assets
-$14,090
+$20,178
-243%