Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$22,622,000
Property, Plant, & Equipment (net)
81%
Cash & Equivalents
16%
Prepaid Expenses
2%
Receivables (Non-Related)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$12,081,996
Notes Payable / Debt (Non-Related)
80%
Deferred Revenue
13%
Payables & Accruals
6%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,880,705
$3,675,110
-5%
Receivables (Non-Related)
$1,140,612
$202,782
-82%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$282,821
$366,511
+30%
Investments
-
-
-
Property, Plant, & Equipment (net)
$16,734,356
$18,217,727
+9%
Other Assets
$183,005
$159,870
-13%
Total Assets
$22,221,499
$22,622,000
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$527,273
$756,590
+43%
Grants Payable
-
-
-
Deferred Revenue
$1,359,817
$1,587,661
+17%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$9,951,241
$9,671,206
-3%
Related-Party Payables
-
-
-
Other Liabilities
-
$66,539
-
Total Liabilities
$11,838,331
$12,081,996
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$425,500
$20,000
-95%
Unrestricted Net Assets
$9,957,668
$10,520,004
+6%
Net assets
2023
2024
Change
Net assets
+$10,383,168
+$10,540,004
+2%