Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$13,589,002
Property, Plant, & Equipment (net)
50%
Cash & Equivalents
41%
Receivables (Non-Related)
7%
Other Assets
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,382,997
Notes Payable / Debt (Non-Related)
77%
Payables & Accruals
14%
Related-Party Payables
7%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,197,015
$5,536,909
-11%
Receivables (Non-Related)
$962,174
$1,017,646
+6%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$98,705
$73,315
-26%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,144,395
$6,737,431
+10%
Other Assets
$242,050
$223,701
-8%
Total Assets
$13,644,339
$13,589,002
0%
Liabilities
2023
2024
Change
Payables & Accruals
$228,166
$465,408
+104%
Grants Payable
-
-
-
Deferred Revenue
$103,202
$75,405
-27%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,778,038
$2,592,184
-7%
Related-Party Payables
$252,500
$250,000
-1%
Other Liabilities
$0
-
-
Total Liabilities
$3,361,906
$3,382,997
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$710,879
$227,881
-68%
Unrestricted Net Assets
$9,571,554
$9,978,124
+4%
Net assets
2023
2024
Change
Net assets
+$10,282,433
+$10,206,005
-1%