Balance Sheet

Fiscal Year: 2024
Jun 1, 2023 – May 31, 2024
Assets in 2024 (Year End)
$8,098,035
Property, Plant, & Equipment (net)
55%
Cash & Equivalents
26%
Other Assets
19%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,044,922
Notes Payable / Debt (Non-Related)
71%
Payables & Accruals
18%
Deferred Revenue
10%
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
$2,316,134
$2,074,738
-10%
Receivables (Non-Related)
$75,919
$59,448
-22%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$4,431,256
$4,441,081
+0%
Other Assets
$1,307,541
$1,522,768
+16%
Total Assets
$8,130,850
$8,098,035
0%
Liabilities
2023
2024
Change
Payables & Accruals
$458,962
$376,384
-18%
Grants Payable
-
-
-
Deferred Revenue
$261,542
$213,780
-18%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,598,665
$1,454,758
-9%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,319,169
$2,044,922
-12%
Net assets
2023
2024
Change
Restricted Net Assets
$2,720,097
$2,697,127
-1%
Unrestricted Net Assets
$3,091,584
$3,355,986
+9%
Net assets
2023
2024
Change
Net assets
+$5,811,681
+$6,053,113
+4%