Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$41,067,181
Receivables (Non-Related)
38%
Property, Plant, & Equipment (net)
28%
Cash & Equivalents
25%
Other Assets
6%
Prepaid Expenses
2%
Inventories
1%
Investments
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$17,474,751
Payables & Accruals
90%
Notes Payable / Debt (Non-Related)
8%
Other Liabilities
1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,183,935
$10,408,508
+101%
Receivables (Non-Related)
$14,187,055
$15,445,826
+9%
Related-Party Receivables
-
-
-
Inventories
$917,904
$539,078
-41%
Prepaid Expenses
$827,049
$902,929
+9%
Investments
$19,195
$18,888
-2%
Property, Plant, & Equipment (net)
$8,358,022
$11,312,993
+35%
Other Assets
$3,643,599
$2,438,959
-33%
Total Assets
$33,136,759
$41,067,181
+24%
Liabilities
2023
2024
Change
Payables & Accruals
$10,523,635
$15,725,237
+49%
Grants Payable
-
-
-
Deferred Revenue
$36,016
$161,972
+350%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$647,708
$1,332,052
+106%
Related-Party Payables
-
-
-
Other Liabilities
$384,005
$255,490
-33%
Total Liabilities
$11,591,364
$17,474,751
+51%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$21,545,395
$23,592,430
+10%
Net assets
2023
2024
Change
Net assets
+$21,545,395
+$23,592,430
+10%