Balance Sheet

Fiscal Year: 2024
Sep 1, 2023 – Aug 31, 2024
Assets in 2024 (Year End)
$5,084,215
Cash & Equivalents
49%
Property, Plant, & Equipment (net)
43%
Prepaid Expenses
6%
Receivables (Non-Related)
2%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,704,582
Notes Payable / Debt (Non-Related)
68%
Deferred Revenue
25%
Payables & Accruals
6%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,834,510
$2,497,858
-12%
Receivables (Non-Related)
$128,509
$81,417
-37%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$201,894
$288,360
+43%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$2,044,975
$2,193,142
+7%
Other Assets
$31,554
$23,438
-26%
Total Assets
$5,241,442
$5,084,215
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$143,331
$162,713
+14%
Grants Payable
-
-
-
Deferred Revenue
$654,157
$668,904
+2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,922,430
$1,846,531
-4%
Related-Party Payables
-
-
-
Other Liabilities
$34,474
$26,434
-23%
Total Liabilities
$2,754,392
$2,704,582
-2%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,487,050
$2,379,633
-4%
Net assets
2023
2024
Change
Net assets
+$2,487,050
+$2,379,633
-4%