Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$32,121,624
Property, Plant, & Equipment (net)
68%
Receivables (Non-Related)
15%
Cash & Equivalents
9%
Other Assets
6%
Inventories
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$5,464,641
Payables & Accruals
54%
Other Liabilities
27%
Notes Payable / Debt (Non-Related)
16%
Related-Party Payables
3%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,463,250
$2,951,986
-60%
Receivables (Non-Related)
$4,940,140
$4,687,738
-5%
Related-Party Receivables
$26,065
$0
-100%
Inventories
$308,948
$322,621
+4%
Prepaid Expenses
$635,001
$228,294
-64%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$24,185,071
$22,000,078
-9%
Other Assets
$1,974,000
$1,930,907
-2%
Total Assets
$39,532,475
$32,121,624
-19%
Liabilities
2023
2024
Change
Payables & Accruals
$3,085,122
$2,938,862
-5%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$41,311
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$986,388
$866,646
-12%
Related-Party Payables
$196,885
$162,396
-18%
Other Liabilities
$2,145,577
$1,455,426
-32%
Total Liabilities
$6,413,972
$5,464,641
-15%
Net assets
2023
2024
Change
Restricted Net Assets
$22,925,547
$20,941,025
-9%
Unrestricted Net Assets
$10,192,956
$5,715,958
-44%
Net assets
2023
2024
Change
Net assets
+$33,118,503
+$26,656,983
-20%