Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$17,348,102
Property, Plant, & Equipment (net)
60%
Cash & Equivalents
26%
Inventories
8%
Receivables (Non-Related)
5%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,266,967
Notes Payable / Debt (Non-Related)
59%
Payables & Accruals
37%
Other Liabilities
4%
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
$5,039,100
$4,563,472
-9%
Receivables (Non-Related)
$2,272,477
$832,034
-63%
Related-Party Receivables
-
-
-
Inventories
$1,351,528
$1,410,691
+4%
Prepaid Expenses
$52,565
$80,074
+52%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,911,891
$10,434,536
+258%
Other Assets
$4,259,350
$27,295
-99%
Total Assets
$15,886,911
$17,348,102
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$313,252
$469,223
+50%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$750,000
$750,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
$2,596
$47,744
+1739%
Total Liabilities
$1,065,848
$1,266,967
+19%
Net assets
2023
2024
Change
Restricted Net Assets
$1,983,021
$1,088,108
-45%
Unrestricted Net Assets
$12,838,042
$14,993,027
+17%
Net assets
2023
2024
Change
Net assets
+$14,821,063
+$16,081,135
+9%