Balance Sheet

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Assets in 2024 (Year End)
$4,443,394
Other Assets
53%
Property, Plant, & Equipment (net)
40%
Receivables (Non-Related)
4%
Inventories
2%
Prepaid Expenses
<1%
Cash & Equivalents
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,167,788
Notes Payable / Debt (Non-Related)
69%
Payables & Accruals
16%
Deferred Revenue
10%
Related-Party Payables
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$58,720
$4,244
-93%
Receivables (Non-Related)
$233,298
$174,791
-25%
Related-Party Receivables
-
-
-
Inventories
$131,995
$102,347
-22%
Prepaid Expenses
$60,604
$29,581
-51%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,807,155
$1,767,959
-2%
Other Assets
$2,627,192
$2,364,472
-10%
Total Assets
$4,918,964
$4,443,394
-10%
Liabilities
2023
2024
Change
Payables & Accruals
$632,639
$668,447
+6%
Grants Payable
-
-
-
Deferred Revenue
$352,337
$421,561
+20%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,228,813
$2,887,780
-11%
Related-Party Payables
-
$190,000
-
Other Liabilities
$0
-
-
Total Liabilities
$4,213,789
$4,167,788
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$34,616
-
Unrestricted Net Assets
$705,175
$240,990
-66%
Net assets
2023
2024
Change
Net assets
+$705,175
+$275,606
-61%