Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$10,399,688
Receivables (Non-Related)
56%
Cash & Equivalents
32%
Inventories
12%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,648,729
Other Liabilities
98%
Payables & Accruals
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,406,280
$3,310,278
-3%
Receivables (Non-Related)
$5,506,725
$5,798,361
+5%
Related-Party Receivables
-
-
-
Inventories
$701,548
$1,270,414
+81%
Prepaid Expenses
$21,703
$20,635
-5%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
-
-
-
Total Assets
$9,636,256
$10,399,688
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$50,298
$27,466
-45%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,113,732
$1,621,263
+46%
Total Liabilities
$1,164,030
$1,648,729
+42%
Net assets
2023
2024
Change
Restricted Net Assets
$8,770,678
$8,502,871
-3%
Unrestricted Net Assets
-$298,452
$248,088
-183%
Net assets
2023
2024
Change
Net assets
+$8,472,226
+$8,750,959
+3%