STAR INC - LIGHTING THE WAY
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$10,983,440
Property, Plant, & Equipment (net)
54%
Other Assets
17%
Cash & Equivalents
15%
Receivables (Non-Related)
11%
Prepaid Expenses
3%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,773,140
Other Liabilities
39%
Payables & Accruals
29%
Deferred Revenue
19%
Notes Payable / Debt (Non-Related)
13%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,046,473
$1,651,231
-19%
Receivables (Non-Related)
$371,650
$1,170,764
+215%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$485,120
$355,177
-27%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,124,746
$5,949,056
-3%
Other Assets
$1,510,327
$1,857,212
+23%
Total Assets
$10,538,316
$10,983,440
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$1,152,962
$1,381,878
+20%
Grants Payable
-
-
-
Deferred Revenue
$732,101
$927,658
+27%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$635,197
$622,176
-2%
Related-Party Payables
-
-
-
Other Liabilities
$1,483,608
$1,841,428
+24%
Total Liabilities
$4,003,868
$4,773,140
+19%
Net assets
2023
2024
Change
Restricted Net Assets
$1,844,556
$1,683,179
-9%
Unrestricted Net Assets
$4,689,892
$4,527,121
-3%
Net assets
2023
2024
Change
Net assets
+$6,534,448
+$6,210,300
-5%
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