Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$11,187,674
Property, Plant, & Equipment (net)
78%
Receivables (Non-Related)
9%
Other Assets
8%
Prepaid Expenses
2%
Cash & Equivalents
2%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$10,480,201
Notes Payable / Debt (Non-Related)
58%
Deferred Revenue
29%
Payables & Accruals
10%
Related-Party Payables
3%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$170,064
$220,038
+29%
Receivables (Non-Related)
$945,728
$1,055,544
+12%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$220,351
$264,792
+20%
Investments
$1,410,254
$86,146
-94%
Property, Plant, & Equipment (net)
$9,040,047
$8,691,002
-4%
Other Assets
$850,127
$870,152
+2%
Total Assets
$12,636,571
$11,187,674
-11%
Liabilities
2023
2024
Change
Payables & Accruals
$610,434
$1,027,364
+68%
Grants Payable
-
-
-
Deferred Revenue
$2,903,568
$3,065,432
+6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,987,426
$6,056,829
+1%
Related-Party Payables
$320,000
$320,000
+0%
Other Liabilities
$29,258
$10,576
-64%
Total Liabilities
$9,850,686
$10,480,201
+6%
Net assets
2023
2024
Change
Restricted Net Assets
$4,028,436
$2,865,014
-29%
Unrestricted Net Assets
-$1,242,551
-$2,157,541
-74%
Net assets
2023
2024
Change
Net assets
+$2,785,885
+$707,473
-75%