Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$8,401,292
Cash & Equivalents
41%
Property, Plant, & Equipment (net)
22%
Other Assets
19%
Receivables (Non-Related)
18%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,447,949
Notes Payable / Debt (Non-Related)
59%
Deferred Revenue
30%
Payables & Accruals
11%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,287,800
$3,444,636
+51%
Receivables (Non-Related)
$647,865
$1,519,549
+135%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$33,434
$14,919
-55%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,948,624
$1,806,729
-7%
Other Assets
$726,559
$1,615,459
+122%
Total Assets
$5,644,282
$8,401,292
+49%
Liabilities
2023
2024
Change
Payables & Accruals
$499,726
$492,391
-1%
Grants Payable
-
-
-
Deferred Revenue
$874,103
$1,344,367
+54%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,702,146
$2,611,191
+53%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,075,975
$4,447,949
+45%
Net assets
2023
2024
Change
Restricted Net Assets
$522,449
$1,580,287
+202%
Unrestricted Net Assets
$2,045,858
$2,373,056
+16%
Net assets
2023
2024
Change
Net assets
+$2,568,307
+$3,953,343
+54%