Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$16,621,740
Property, Plant, & Equipment (net)
37%
Cash & Equivalents
29%
Receivables (Non-Related)
18%
Inventories
8%
Other Assets
7%
Prepaid Expenses
2%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,798,255
Deferred Revenue
44%
Payables & Accruals
44%
Other Liabilities
6%
Notes Payable / Debt (Non-Related)
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,933,036
$4,749,552
-47%
Receivables (Non-Related)
$1,989,713
$3,001,854
+51%
Related-Party Receivables
-
-
-
Inventories
$1,315,662
$1,347,576
+2%
Prepaid Expenses
$345,826
$264,457
-24%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,348,416
$6,167,815
-3%
Other Assets
$694,955
$1,090,486
+57%
Total Assets
$19,627,608
$16,621,740
-15%
Liabilities
2023
2024
Change
Payables & Accruals
$845,525
$2,090,375
+147%
Grants Payable
-
-
-
Deferred Revenue
$4,825,824
$2,093,920
-57%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$15,636
$0
-100%
Notes Payable / Debt (Non-Related)
$324,337
$303,051
-7%
Related-Party Payables
-
-
-
Other Liabilities
$151,835
$310,909
+105%
Total Liabilities
$6,163,157
$4,798,255
-22%
Net assets
2023
2024
Change
Restricted Net Assets
$5,339,683
$5,339,683
+0%
Unrestricted Net Assets
$8,124,768
$6,483,802
-20%
Net assets
2023
2024
Change
Net assets
+$13,464,451
+$11,823,485
-12%