Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$9,220,981
Receivables (Non-Related)
45%
Cash & Equivalents
36%
Property, Plant, & Equipment (net)
17%
Inventories
2%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,772,875
Other Liabilities
79%
Payables & Accruals
21%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,197,231
$3,352,373
-46%
Receivables (Non-Related)
$3,047,287
$4,151,526
+36%
Related-Party Receivables
$0
$0
-
Inventories
$336,068
$170,552
-49%
Prepaid Expenses
$64,095
$10,192
-84%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$1,558,389
$1,534,424
-2%
Other Assets
$2,034
$1,914
-6%
Total Assets
$11,205,104
$9,220,981
-18%
Liabilities
2023
2024
Change
Payables & Accruals
$995,657
$1,443,777
+45%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$5,016
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$6,538,262
$5,324,082
-19%
Total Liabilities
$7,533,919
$6,772,875
-10%
Net assets
2023
2024
Change
Restricted Net Assets
$227,877
$61,272
-73%
Unrestricted Net Assets
$3,443,308
$2,386,834
-31%
Net assets
2023
2024
Change
Net assets
+$3,671,185
+$2,448,106
-33%