Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$775,984
Other Assets
68%
Cash & Equivalents
12%
Inventories
10%
Property, Plant, & Equipment (net)
6%
Prepaid Expenses
4%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$448,985
Payables & Accruals
38%
Notes Payable / Debt (Non-Related)
33%
Other Liabilities
19%
Deferred Revenue
9%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$0
$93,444
-
Receivables (Non-Related)
$20,026
$0
-100%
Related-Party Receivables
$0
$0
-
Inventories
$79,176
$79,227
+0%
Prepaid Expenses
$11,907
$30,118
+153%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$58,504
$48,790
-17%
Other Assets
$507,063
$524,405
+3%
Total Assets
$676,676
$775,984
+15%
Liabilities
2023
2024
Change
Payables & Accruals
$100,428
$172,532
+72%
Grants Payable
-
-
-
Deferred Revenue
$53,410
$39,599
-26%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$250,000
$150,000
-40%
Related-Party Payables
-
-
-
Other Liabilities
$211,578
$86,854
-59%
Total Liabilities
$615,416
$448,985
-27%
Net assets
2023
2024
Change
Restricted Net Assets
$767,480
$1,200,551
+56%
Unrestricted Net Assets
-$706,220
-$873,552
-24%
Net assets
2023
2024
Change
Net assets
+$61,260
+$326,999
+434%