Balance Sheet

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Assets in 2024 (Year End)
$48,840,643
Receivables (Non-Related)
43%
Cash & Equivalents
35%
Property, Plant, & Equipment (net)
17%
Other Assets
3%
Inventories
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$16,462,445
Payables & Accruals
67%
Other Liabilities
30%
Deferred Revenue
3%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$20,624,694
$17,332,719
-16%
Receivables (Non-Related)
$12,047,097
$20,804,752
+73%
Related-Party Receivables
$0
$0
-
Inventories
$739,323
$730,148
-1%
Prepaid Expenses
$22,331
$12,091
-46%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$7,596,258
$8,296,842
+9%
Other Assets
$1,816,262
$1,664,091
-8%
Total Assets
$42,845,965
$48,840,643
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$17,061,312
$11,042,426
-35%
Grants Payable
-
-
-
Deferred Revenue
$300,123
$417,464
+39%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$171,996
$128,935
-25%
Related-Party Payables
-
-
-
Other Liabilities
$1,079,880
$4,873,620
+351%
Total Liabilities
$18,613,311
$16,462,445
-12%
Net assets
2023
2024
Change
Restricted Net Assets
$1,436,157
$1,459,129
+2%
Unrestricted Net Assets
$22,796,497
$30,919,069
+36%
Net assets
2023
2024
Change
Net assets
+$24,232,654
+$32,378,198
+34%