Balance Sheet

Fiscal Year: 2023
Apr 1, 2022 – Mar 31, 2023
Assets in 2023 (Year End)
$8,354,469
Property, Plant, & Equipment (net)
77%
Cash & Equivalents
13%
Receivables (Non-Related)
5%
Prepaid Expenses
2%
Inventories
2%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2023 (Year End)
$6,665,011
Notes Payable / Debt (Non-Related)
77%
Payables & Accruals
14%
Deferred Revenue
9%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2022
2023
Change
Cash & Equivalents
$2,430,327
$1,082,079
-55%
Receivables (Non-Related)
$345,237
$402,030
+16%
Related-Party Receivables
-
-
-
Inventories
$85,604
$146,932
+72%
Prepaid Expenses
$192,967
$197,809
+3%
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,906,336
$6,449,824
+9%
Other Assets
-
$75,795
-
Total Assets
$8,960,471
$8,354,469
-7%
Liabilities
2022
2023
Change
Payables & Accruals
$501,060
$960,456
+92%
Grants Payable
-
-
-
Deferred Revenue
$576,665
$581,648
+1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,252,248
$5,108,284
-3%
Related-Party Payables
-
-
-
Other Liabilities
$164,309
$14,623
-91%
Total Liabilities
$6,494,282
$6,665,011
+3%
Net assets
2022
2023
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,466,189
$1,689,458
-31%
Net assets
2022
2023
Change
Net assets
+$2,466,189
+$1,689,458
-31%