Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,657,438
Cash & Equivalents
42%
Property, Plant, & Equipment (net)
29%
Receivables (Non-Related)
16%
Investments
6%
Inventories
3%
Prepaid Expenses
2%
Other Assets
2%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$1,088,144
Payables & Accruals
81%
Notes Payable / Debt (Non-Related)
12%
Other Liabilities
7%
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
$1,014,968
$1,966,074
+94%
Receivables (Non-Related)
$890,500
$760,118
-15%
Related-Party Receivables
-
-
-
Inventories
$54,204
$146,584
+170%
Prepaid Expenses
$14,068
$101,080
+619%
Investments
$89,472
$267,294
+199%
Property, Plant, & Equipment (net)
$1,313,588
$1,337,717
+2%
Other Assets
-
$78,571
-
Total Assets
$3,376,800
$4,657,438
+38%
Liabilities
2023
2024
Change
Payables & Accruals
$297,603
$881,921
+196%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$245,694
$126,670
-48%
Related-Party Payables
-
-
-
Other Liabilities
-
$79,553
-
Total Liabilities
$543,297
$1,088,144
+100%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,833,503
$3,569,294
+26%
Net assets
2023
2024
Change
Net assets
+$2,833,503
+$3,569,294
+26%