Balance Sheet

Fiscal Year: 2024
Sep 1, 2023 – Aug 31, 2024
Assets in 2024 (Year End)
$4,447,441
Other Assets
43%
Property, Plant, & Equipment (net)
28%
Receivables (Non-Related)
22%
Prepaid Expenses
6%
Cash & Equivalents
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,000,556
Notes Payable / Debt (Non-Related)
69%
Payables & Accruals
20%
Other Liabilities
5%
Related-Party Payables
5%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$496,170
$87,547
-82%
Receivables (Non-Related)
$309,270
$956,794
+209%
Related-Party Receivables
-
-
-
Inventories
$14,602
$0
-100%
Prepaid Expenses
$23,885
$268,362
+1024%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,327,792
$1,226,123
-63%
Other Assets
$2,377,797
$1,908,615
-20%
Total Assets
$6,549,516
$4,447,441
-32%
Liabilities
2023
2024
Change
Payables & Accruals
$2,413,539
$391,805
-84%
Grants Payable
-
-
-
Deferred Revenue
$232,687
$7,343
-97%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$1,034
$0
-100%
Notes Payable / Debt (Non-Related)
$2,028,934
$1,387,131
-32%
Related-Party Payables
$226,667
$105,423
-53%
Other Liabilities
$1,033,848
$108,854
-89%
Total Liabilities
$5,936,709
$2,000,556
-66%
Net assets
2023
2024
Change
Restricted Net Assets
$309,912
$309,912
+0%
Unrestricted Net Assets
$302,895
$2,136,973
+606%
Net assets
2023
2024
Change
Net assets
+$612,807
+$2,446,885
+299%