Balance Sheet

Fiscal Year: 2024
Jun 1, 2023 – May 31, 2024
Assets in 2024 (Year End)
$3,108,776
Property, Plant, & Equipment (net)
49%
Cash & Equivalents
31%
Receivables (Non-Related)
18%
Prepaid Expenses
1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,634,627
Payables & Accruals
53%
Deferred Revenue
47%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$847,568
$962,020
+14%
Receivables (Non-Related)
$1,175,258
$551,932
-53%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$27,822
$45,961
+65%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,922,443
$1,535,594
-20%
Other Assets
$22,750
$13,269
-42%
Total Assets
$3,995,841
$3,108,776
-22%
Liabilities
2023
2024
Change
Payables & Accruals
$972,253
$865,432
-11%
Grants Payable
-
-
-
Deferred Revenue
-
$769,195
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$972,253
$1,634,627
+68%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,023,588
$1,474,149
-51%
Net assets
2023
2024
Change
Net assets
+$3,023,588
+$1,474,149
-51%