Balance Sheet

Fiscal Year: 2024
Sep 1, 2023 – Aug 31, 2024
Assets in 2024 (Year End)
$7,626,501
Property, Plant, & Equipment (net)
87%
Cash & Equivalents
7%
Other Assets
3%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,201,949
Notes Payable / Debt (Non-Related)
85%
Other Liabilities
9%
Payables & Accruals
4%
Deferred Revenue
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$782,068
$553,347
-29%
Receivables (Non-Related)
$330,646
$125,037
-62%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$25,625
$30,245
+18%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$6,094,506
$6,670,541
+9%
Other Assets
-
$247,331
-
Total Assets
$7,232,845
$7,626,501
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$226,757
$177,900
-22%
Grants Payable
-
-
-
Deferred Revenue
$7,746
$45,506
+487%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,230,658
$3,580,658
-15%
Related-Party Payables
-
-
-
Other Liabilities
$150,000
$397,885
+165%
Total Liabilities
$4,615,161
$4,201,949
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$350,663
$252,684
-28%
Unrestricted Net Assets
$2,267,021
$3,171,868
+40%
Net assets
2023
2024
Change
Net assets
+$2,617,684
+$3,424,552
+31%