Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$20,423,547
Receivables (Non-Related)
29%
Other Assets
26%
Property, Plant, & Equipment (net)
21%
Cash & Equivalents
17%
Inventories
4%
Prepaid Expenses
3%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$12,708,130
Other Liabilities
72%
Payables & Accruals
18%
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
$14,545,110
$3,388,317
-77%
Receivables (Non-Related)
$11,252,663
$5,955,000
-47%
Related-Party Receivables
-
-
-
Inventories
$554,982
$719,340
+30%
Prepaid Expenses
$649,750
$638,083
-2%
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,881,470
$4,383,597
-25%
Other Assets
$6,947,203
$5,339,210
-23%
Total Assets
$39,831,178
$20,423,547
-49%
Liabilities
2023
2024
Change
Payables & Accruals
$2,740,093
$2,271,356
-17%
Grants Payable
-
-
-
Deferred Revenue
$1,311,721
$1,283,796
-2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$10,742,947
$9,152,978
-15%
Total Liabilities
$14,794,761
$12,708,130
-14%
Net assets
2023
2024
Change
Restricted Net Assets
$8,000,000
$8,000,000
+0%
Unrestricted Net Assets
$17,036,417
-$284,583
-102%
Net assets
2023
2024
Change
Net assets
+$25,036,417
+$7,715,417
-69%