Balance Sheet

Fiscal Year: 2024
Jun 1, 2023 – May 31, 2024
Assets in 2024 (Year End)
$3,211,779
Investments
50%
Cash & Equivalents
40%
Prepaid Expenses
7%
Property, Plant, & Equipment (net)
2%
Receivables (Non-Related)
1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$920,855
Deferred Revenue
67%
Other Liabilities
30%
Payables & Accruals
3%
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
$705,718
$1,278,605
+81%
Receivables (Non-Related)
$17,725
$37,699
+113%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$307,122
$223,793
-27%
Investments
$1,382,084
$1,602,745
+16%
Property, Plant, & Equipment (net)
$119,365
$68,937
-42%
Other Assets
$17,467
$0
-100%
Total Assets
$2,549,481
$3,211,779
+26%
Liabilities
2023
2024
Change
Payables & Accruals
$26,868
$30,920
+15%
Grants Payable
-
-
-
Deferred Revenue
$644,073
$615,993
-4%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$0
$273,942
-
Total Liabilities
$670,941
$920,855
+37%
Net assets
2023
2024
Change
Restricted Net Assets
-
$0
-
Unrestricted Net Assets
$1,878,540
$2,290,924
+22%
Net assets
2023
2024
Change
Net assets
+$1,878,540
+$2,290,924
+22%