Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$40,732,831
Property, Plant, & Equipment (net)
48%
Inventories
21%
Other Assets
17%
Receivables (Non-Related)
13%
Prepaid Expenses
2%
Cash & Equivalents
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$16,655,801
Notes Payable / Debt (Non-Related)
46%
Other Liabilities
38%
Payables & Accruals
16%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,590,614
$109,104
-93%
Receivables (Non-Related)
$4,048,969
$5,144,576
+27%
Related-Party Receivables
-
-
-
Inventories
$7,448,311
$8,486,002
+14%
Prepaid Expenses
$791,526
$805,832
+2%
Investments
-
-
-
Property, Plant, & Equipment (net)
$19,612,872
$19,398,376
-1%
Other Assets
$4,538,950
$6,788,941
+50%
Total Assets
$38,031,242
$40,732,831
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$3,838,682
$2,651,145
-31%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$8,056,673
$7,710,254
-4%
Related-Party Payables
-
-
-
Other Liabilities
$4,283,789
$6,294,402
+47%
Total Liabilities
$16,179,144
$16,655,801
+3%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$21,852,098
$24,077,030
+10%
Net assets
2023
2024
Change
Net assets
+$21,852,098
+$24,077,030
+10%