Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$8,513,285
Receivables (Non-Related)
80%
Other Assets
16%
Cash & Equivalents
2%
Property, Plant, & Equipment (net)
2%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,617,188
Notes Payable / Debt (Non-Related)
69%
Related-Party Payables
23%
Payables & Accruals
7%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,269,311
$166,334
-93%
Receivables (Non-Related)
$5,252,195
$6,844,201
+30%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$89,755
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$132,774
$132,774
+0%
Other Assets
$26,638
$1,369,976
+5043%
Total Assets
$7,770,673
$8,513,285
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$196,004
$459,178
+134%
Grants Payable
-
-
-
Deferred Revenue
-
$28,427
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,452,677
$4,590,645
-16%
Related-Party Payables
-
$1,538,938
-
Other Liabilities
-
-
-
Total Liabilities
$5,648,681
$6,617,188
+17%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,121,992
$1,896,097
-11%
Net assets
2023
2024
Change
Net assets
+$2,121,992
+$1,896,097
-11%