Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$3,315,716
Property, Plant, & Equipment (net)
51%
Cash & Equivalents
32%
Inventories
11%
Receivables (Non-Related)
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,028,653
Notes Payable / Debt (Non-Related)
73%
Payables & Accruals
26%
Deferred Revenue
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$906,455
$1,053,820
+16%
Receivables (Non-Related)
$58,320
$201,544
+246%
Related-Party Receivables
-
-
-
Inventories
$410,463
$353,553
-14%
Prepaid Expenses
$18,884
$7,908
-58%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,314,177
$1,698,891
+29%
Other Assets
-
-
-
Total Assets
$2,708,299
$3,315,716
+22%
Liabilities
2023
2024
Change
Payables & Accruals
$128,892
$266,623
+107%
Grants Payable
-
-
-
Deferred Revenue
$12,540
$12,540
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$749,490
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$141,432
$1,028,653
+627%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,566,867
$2,287,063
-11%
Net assets
2023
2024
Change
Net assets
+$2,566,867
+$2,287,063
-11%