Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$38,550,585
Property, Plant, & Equipment (net)
61%
Cash & Equivalents
26%
Receivables (Non-Related)
9%
Other Assets
3%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$15,270,960
Notes Payable / Debt (Non-Related)
68%
Payables & Accruals
24%
Deferred Revenue
5%
Other Liabilities
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$10,589,941
$10,135,353
-4%
Receivables (Non-Related)
$4,169,185
$3,429,449
-18%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$274,487
$472,227
+72%
Investments
-
-
-
Property, Plant, & Equipment (net)
$17,321,051
$23,424,498
+35%
Other Assets
$1,347,048
$1,089,058
-19%
Total Assets
$33,701,712
$38,550,585
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$4,310,361
$3,676,855
-15%
Grants Payable
-
-
-
Deferred Revenue
$201,696
$809,368
+301%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,868,697
$10,424,814
+52%
Related-Party Payables
-
-
-
Other Liabilities
$441,509
$359,923
-18%
Total Liabilities
$11,822,263
$15,270,960
+29%
Net assets
2023
2024
Change
Restricted Net Assets
$5,157,300
$5,286,796
+3%
Unrestricted Net Assets
$16,722,149
$17,992,829
+8%
Net assets
2023
2024
Change
Net assets
+$21,879,449
+$23,279,625
+6%