Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$12,349,075
Property, Plant, & Equipment (net)
53%
Cash & Equivalents
39%
Other Assets
4%
Prepaid Expenses
2%
Receivables (Non-Related)
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,523,968
Notes Payable / Debt (Non-Related)
49%
Payables & Accruals
31%
Deferred Revenue
15%
Other Liabilities
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,353,529
$4,812,555
+11%
Receivables (Non-Related)
$130,216
$291,812
+124%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$558,339
$304,276
-46%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,399,331
$6,497,226
+2%
Other Assets
$294,203
$443,206
+51%
Total Assets
$11,735,618
$12,349,075
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$1,044,642
$1,403,831
+34%
Grants Payable
-
-
-
Deferred Revenue
$806,750
$698,309
-13%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,391,253
$2,237,249
-6%
Related-Party Payables
-
-
-
Other Liabilities
$593,549
$184,579
-69%
Total Liabilities
$4,836,194
$4,523,968
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$900,657
$504,158
-44%
Unrestricted Net Assets
$5,998,767
$7,320,949
+22%
Net assets
2023
2024
Change
Net assets
+$6,899,424
+$7,825,107
+13%