Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$875,000
Property, Plant, & Equipment (net)
86%
Cash & Equivalents
10%
Receivables (Non-Related)
4%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$519,501
Notes Payable / Debt (Non-Related)
78%
Grants Payable
17%
Payables & Accruals
5%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$36,095
$88,000
+144%
Receivables (Non-Related)
$113,506
$37,000
-67%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$750,000
$750,000
+0%
Other Assets
$0
$0
-
Total Assets
$899,601
$875,000
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$15,367
$27,043
+76%
Grants Payable
$84,810
$86,100
+2%
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$422,632
$406,358
-4%
Related-Party Payables
$0
$0
-
Other Liabilities
$21,649
-
-
Total Liabilities
$544,458
$519,501
-5%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$355,143
+$355,499
+0%