Balance Sheet

Fiscal Year: 2024
Sep 1, 2023 – Aug 31, 2024
Assets in 2024 (Year End)
$14,773,677
Investments
66%
Property, Plant, & Equipment (net)
22%
Cash & Equivalents
8%
Prepaid Expenses
2%
Receivables (Non-Related)
2%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$3,277,979
Notes Payable / Debt (Non-Related)
70%
Payables & Accruals
30%
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
$1,817,701
$1,165,015
-36%
Receivables (Non-Related)
$405,186
$228,655
-44%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$319,759
$240,837
-25%
Investments
$14,210,647
$9,823,163
-31%
Property, Plant, & Equipment (net)
$3,321,002
$3,179,588
-4%
Other Assets
$144,044
$136,419
-5%
Total Assets
$20,218,339
$14,773,677
-27%
Liabilities
2023
2024
Change
Payables & Accruals
$1,071,121
$972,588
-9%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,169,533
$2,305,391
-45%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$5,240,654
$3,277,979
-37%
Net assets
2023
2024
Change
Restricted Net Assets
$65,646
$70,647
+8%
Unrestricted Net Assets
$14,912,039
$11,425,051
-23%
Net assets
2023
2024
Change
Net assets
+$14,977,685
+$11,495,698
-23%