Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$5,338,315
Cash & Equivalents
59%
Receivables (Non-Related)
28%
Inventories
6%
Prepaid Expenses
4%
Property, Plant, & Equipment (net)
3%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,781,834
Other Liabilities
56%
Payables & Accruals
34%
Deferred Revenue
10%
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
$3,039,921
$3,165,886
+4%
Receivables (Non-Related)
$1,025,412
$1,483,360
+45%
Related-Party Receivables
-
-
-
Inventories
$294,304
$335,293
+14%
Prepaid Expenses
$129,079
$197,810
+53%
Investments
-
-
-
Property, Plant, & Equipment (net)
$29,595
$155,966
+427%
Other Assets
-
-
-
Total Assets
$4,518,311
$5,338,315
+18%
Liabilities
2023
2024
Change
Payables & Accruals
$1,270,838
$955,441
-25%
Grants Payable
-
-
-
Deferred Revenue
$183,063
$266,012
+45%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,039,716
$1,560,381
+50%
Total Liabilities
$2,493,617
$2,781,834
+12%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,024,694
$2,556,481
+26%
Net assets
2023
2024
Change
Net assets
+$2,024,694
+$2,556,481
+26%