Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$21,569,035
Property, Plant, & Equipment (net)
63%
Cash & Equivalents
13%
Receivables (Non-Related)
12%
Other Assets
10%
Prepaid Expenses
1%
Inventories
<1%
Investments
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$52,994,018
Other Liabilities
69%
Notes Payable / Debt (Non-Related)
16%
Payables & Accruals
8%
Deferred Revenue
7%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$372,945
$2,697,030
+623%
Receivables (Non-Related)
$868,092
$2,653,376
+206%
Related-Party Receivables
-
-
-
Inventories
$40,538
$16,057
-60%
Prepaid Expenses
$462,967
$293,579
-37%
Investments
$713,760
$8,626
-99%
Property, Plant, & Equipment (net)
$6,902,371
$13,643,441
+98%
Other Assets
$6,709,594
$2,256,926
-66%
Total Assets
$16,070,267
$21,569,035
+34%
Liabilities
2023
2024
Change
Payables & Accruals
$9,768,867
$4,204,552
-57%
Grants Payable
-
-
-
Deferred Revenue
$2,720,779
$3,787,639
+39%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,633,453
$8,592,575
+85%
Related-Party Payables
-
-
-
Other Liabilities
$23,325,216
$36,409,252
+56%
Total Liabilities
$40,448,315
$52,994,018
+31%
Net assets
2023
2024
Change
Restricted Net Assets
$24,076
$1,674
-93%
Unrestricted Net Assets
-$24,402,124
-$31,426,657
-29%
Net assets
2023
2024
Change
Net assets
-$24,378,048
-$31,424,983
-29%