Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$3,293,506
Property, Plant, & Equipment (net)
58%
Receivables (Non-Related)
18%
Cash & Equivalents
15%
Inventories
7%
Investments
1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$5,113,390
Notes Payable / Debt (Non-Related)
78%
Payables & Accruals
13%
Deferred Revenue
9%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$412,116
$478,734
+16%
Receivables (Non-Related)
$433,126
$595,047
+37%
Related-Party Receivables
$0
$0
-
Inventories
$187,337
$240,451
+28%
Prepaid Expenses
$11,011
$1,060
-90%
Investments
$38,208
$47,069
+23%
Property, Plant, & Equipment (net)
$1,764,855
$1,923,745
+9%
Other Assets
$7,400
$7,400
+0%
Total Assets
$2,854,053
$3,293,506
+15%
Liabilities
2023
2024
Change
Payables & Accruals
$552,740
$646,608
+17%
Grants Payable
$0
$0
-
Deferred Revenue
$588,216
$459,212
-22%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$4,075,810
$4,007,570
-2%
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$5,216,766
$5,113,390
-2%
Net assets
2023
2024
Change
Restricted Net Assets
$55,000
$255,000
+364%
Unrestricted Net Assets
-$2,417,713
-$2,074,884
+14%
Net assets
2023
2024
Change
Net assets
-$2,362,713
-$1,819,884
+23%