Balance Sheet

Fiscal Year: 2024
Jun 1, 2023 – May 31, 2024
Assets in 2024 (Year End)
$2,346,418
Other Assets
53%
Cash & Equivalents
39%
Receivables (Non-Related)
6%
Property, Plant, & Equipment (net)
2%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,518,275
Custodial & Escrow Liabilities
54%
Payables & Accruals
46%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$633,188
$920,964
+45%
Receivables (Non-Related)
$225,628
$131,167
-42%
Related-Party Receivables
-
-
-
Inventories
$44,882
$3,357
-93%
Prepaid Expenses
$8,620
$9,394
+9%
Investments
-
-
-
Property, Plant, & Equipment (net)
$102,263
$41,669
-59%
Other Assets
$1,338,185
$1,239,867
-7%
Total Assets
$2,352,766
$2,346,418
0%
Liabilities
2023
2024
Change
Payables & Accruals
$622,443
$695,664
+12%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$695,696
$822,611
+18%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,318,139
$1,518,275
+15%
Net assets
2023
2024
Change
Restricted Net Assets
$314,471
$314,471
+0%
Unrestricted Net Assets
$720,156
$513,672
-29%
Net assets
2023
2024
Change
Net assets
+$1,034,627
+$828,143
-20%