Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$41,805,632
Property, Plant, & Equipment (net)
39%
Cash & Equivalents
22%
Receivables (Non-Related)
17%
Investments
12%
Other Assets
7%
Inventories
2%
Prepaid Expenses
1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$18,297,369
Other Liabilities
62%
Payables & Accruals
38%
Deferred Revenue
<1%
Grants Payable
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
$6,604,840
$9,117,435
+38%
Receivables (Non-Related)
$10,867,123
$7,087,670
-35%
Related-Party Receivables
-
-
-
Inventories
$1,031,846
$956,383
-7%
Prepaid Expenses
$398,497
$431,093
+8%
Investments
-
$5,000,000
-
Property, Plant, & Equipment (net)
$16,665,453
$16,234,558
-3%
Other Assets
$4,308,366
$2,978,493
-31%
Total Assets
$39,876,125
$41,805,632
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$6,517,988
$6,877,450
+6%
Grants Payable
-
-
-
Deferred Revenue
$48,003
$112,714
+135%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$16,631
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
$14,742,076
$11,307,205
-23%
Total Liabilities
$21,324,698
$18,297,369
-14%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$18,551,427
$23,508,263
+27%
Net assets
2023
2024
Change
Net assets
+$18,551,427
+$23,508,263
+27%