Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$10,792,491
Cash & Equivalents
50%
Property, Plant, & Equipment (net)
37%
Receivables (Non-Related)
10%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,773,819
Notes Payable / Debt (Non-Related)
81%
Payables & Accruals
19%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,114,801
$5,426,935
+6%
Receivables (Non-Related)
$1,344,894
$1,099,976
-18%
Related-Party Receivables
$0
$0
-
Inventories
$297,891
$242,256
-19%
Prepaid Expenses
$103,805
$55,471
-47%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$4,185,329
$3,967,853
-5%
Other Assets
$0
$0
-
Total Assets
$11,046,720
$10,792,491
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$279,714
$339,613
+21%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,606,357
$1,434,206
-11%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,886,071
$1,773,819
-6%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$9,160,649
$9,018,672
-2%
Net assets
2023
2024
Change
Net assets
+$9,160,649
+$9,018,672
-2%